The Key Assumption of the Income-Leisure Model

question 90

Multiple Choice

The key assumption of the income-leisure model:

• A)is not applicable to the real world and so negates the usefulness of the model.
• B)is not valid as employers will not cater to workers' income-leisure choices.
• C)holds good in general because workers can vary work hours with overtime,leaves without pay and early retirement.
• D)is only applicable to entrepreneurs and not salaried workers who are associated with less promising financial rewards.

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Definitions:

Lateral Spinothalamic Tract

A neuron pathway within the spinal cord responsible for transmitting pain and temperature sensations to the brain.

Proprioception

The sense of the relative position of one's own parts of the body and strength of effort being employed in movement.

Cutaneous Sensations

Sensations perceived through the skin, including touch, pressure, heat, cold, and pain.

Vibration

Mechanical oscillations around an equilibrium point, which can be experienced and used in various fields including engineering, physics, and medicine.