The More Permanent an Employee Perceives an Increase in Her

question 15

Multiple Choice

The more permanent an employee perceives an increase in her real wages to be

• A)the larger the income effect is and the more likely it is that the quantity of labour supplied will be increased.
• B)the larger the income effect is and the more likely it is that the quantity of labour supplied will be reduced.
• C)the larger the substitution effect is and the more likely it is that the quantity of labour supplied will be increased.
• D)the larger the substitution effect is and the more likely it is that the quantity of labour supplied will be reduced.

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Civil Liberties

Fundamental rights and freedoms protected by law from governmental interference or deprivation.

Socialist Party

Political party demanding public ownership of major economic enterprises in the United States as well as reforms like recognition of labor unions and woman suffrage; reached peak of influence in 1912 when presidential candidate Eugene V. Debs received over 900,000 votes.

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Members of the United States Armed Forces, particularly the Army, who serve and protect the country through military service.

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