Suppose an Individual Worker Is on the Backward-Bending Portion of Her

question 53

Multiple Choice

Suppose an individual worker is on the backward-bending portion of her labor supply curve.Then,for a wage increase,the:

• A)income and substitution effects both increase desired work hours
• B)income and substitution effects are equal
• C)income effect is stronger than the substitution effect
• D)substitution effect is stronger than the income effect

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Definitions:

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Essential skills, abilities, and knowledge required for effective performance in a job or task.

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Work-Related Experiences

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