Which of the Following Statements Is True

question 133

Multiple Choice

Which of the following statements is true?

• A)As the wage rate rises, the substitution effect decreases the opportunity cost of leisure and causes a worker to devote more time to working and less time to leisure.
• B)As the wage rate rises, the substitution effect increases the opportunity cost of leisure and causes a worker to devote more time to working and less time to leisure.
• C)As the wage rate rises, the income effect increases the opportunity cost of leisure and causes a worker to devote more time to working and less time to leisure.
• D)As the wage rate rises, the income effect causes a worker to devote more time to work and less time to leisure.

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Definitions:

Pride

A feeling of self-respect and personal worth, often associated with a sense of accomplishment or belonging.

Vocal Nuances

Subtle variations in voice quality, tone, pitch, and emotion that can convey different meanings and add depth to verbal communication.

Expressive Emotion

The outward display of feelings through facial expressions, gestures, and behaviors, making one's emotional state known to others.

Communicating Electronically

The process of exchanging information through electronic means, such as email, texting, or social media.