In Response to an Increase in the Wage Rate,the Substitution

question 38

Multiple Choice

In response to an increase in the wage rate,the substitution effect will cause a person to

• A) supply fewer hours of labor.
• B) supply more hours of labor.
• C) supply the same hours of labor.
• D) have a backward bend in her labor supply curve.

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Definitions:

Proximodistal

A pattern of development where growth starts at the center of the body and moves towards the extremities.

Proximodistal

Describes the pattern of development that proceeds from the center or core of the body outwards towards the extremities.

Cephalocaudal

A pattern of growth and development where physical and motor skills progress from the head downwards to the rest of the body.

Central Part

An essential or core component of something that plays a crucial role in its functioning or structure.