Examlex
A permanent increase in the real wage rate has a ________ income effect on labor supply than a temporary increase in the real wage,so labor supply is ________ with a permanent wage increase than for a temporary wage increase.
Robert Heilbroner
An American economist known for his works on the history of economic thought and capitalism.
21st and 22nd Centuries
The periods of time spanning from 2001 to 2100 and 2101 to 2200, respectively, in the Gregorian calendar.
Supremacy Clause
A clause in the U.S. Constitution declaring that federal law takes precedence over state law if there is a conflict between them.
Federal Law
Federal law refers to the body of law created by the national government of a country, which applies to the entire country and takes precedence over state or local laws.
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