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Use the following to answer questions:
Figure: Rita's Time Allocation Budget Line
-(Figure: Rita's Time Allocation Budget Line) Look at the figure Rita's Time Allocation Budget Line. It is based on 80 hours available for labor and leisure. If her hourly wage doubles, the new time allocation budget line will have a point at _____ hours of leisure and _____ in income.
Artisan's Lien
A legal claim or hold on property created by workers who have repaired or improved it, ensuring payment for their services.
Mechanic's Lien
An interest in property title for the advantage of individuals who provided work or materials to enhance the property.
Writ of Attachment
A court order that allows for the seizure of a debtor's property in order to secure the satisfaction of a judgment.
Writ of Execution
A court order granting permission to enforce a judgment, typically by allowing for the seizure or sale of the debtor's property.
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