Which of the Following Statements Is True

question 133

Multiple Choice

Which of the following statements is true?

• A)As the wage rate rises, the substitution effect decreases the opportunity cost of leisure and causes a worker to devote more time to working and less time to leisure.
• B)As the wage rate rises, the substitution effect increases the opportunity cost of leisure and causes a worker to devote more time to working and less time to leisure.
• C)As the wage rate rises, the income effect increases the opportunity cost of leisure and causes a worker to devote more time to working and less time to leisure.
• D)As the wage rate rises, the income effect causes a worker to devote more time to work and less time to leisure.

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Definitions:

Pleasurable

An experience or activity that brings about feelings of enjoyment, happiness, or satisfaction.

Reprimanded

Being formally reproofed or criticized for wrongdoing or a mistake.

Sex Play

Exploration of sexual feelings and interactions, often seen as a normal part of developmental behavior in children.

Unintended Pregnancy

A pregnancy that is either mistimed or unwanted.