The Substitution Effect on Labor Always Decreases the Amount of Labor

question 4

True/False

The substitution effect on labor always decreases the amount of labor employed when the wage rate goes up.

---

Definitions:

Biological

Pertaining to the science of life or living organisms, focusing on their structure, function, growth, origin, evolution, and distribution.

Social

Relating to society or its organization, focusing on the interactions and relationships among individuals within a community.

External Validity

Similarity between circumstances surrounding an experiment and circumstances encountered in everyday life.

Anderson And Bushman

Researchers known for their work on the effects of media violence on aggression.