Which of the Following Statements Concerning the Elasticity of Labour

question 29

Multiple Choice

Which of the following statements concerning the elasticity of labour supply is false?

• A) It is generally higher for women than for men.
• B) The elasticity of labour supply with respect to income is negative.
• C) The overall labour supply for both sexes is likely to be downward sloping.
• D) The overall labour supply for both sexes is likely to be upward sloping
• E) The compensated elasticity (reflecting the substitution effect) tends to be higher in magnitude than the uncompensated, gross elasticity.

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