Which of the Following Statements Is True,assuming Leisure Is a Normal

question 47

Multiple Choice

Which of the following statements is true,assuming leisure is a normal good?

• A) If the income effect is sufficiently large, the labor supply curve will bend backwards.
• B) If the income effect is sufficiently small, the labor supply curve will bend backwards.
• C) If the income effect is sufficiently large, the labor supply curve will slope down.
• D) If the income effect is sufficiently large, the labor supply curve will shift to the left.

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Definitions:

Instrumental Role

A concept in sociology referring to the task-oriented role in a family or society, often associated with the provision of resources and external support.

Expressive Role

The position of the family member who provides emotional support and nurturing.

Gender Stratification

The unequal distribution of wealth, power, and privilege across genders within a society.

Functionalist

Adhering to the perspective in sociology that sees society as a complex system whose parts work together to maintain balance and social equilibrium.