If the Real Wage Decreases, the Opportunity Cost of Working

question 196

Multiple Choice

If the real wage decreases, the opportunity cost of working in the home will

• A)increase
• B)decrease
• C)not be affected
• D)increase as long as worker productivity also rises
• E)increase only if households want to maintain their standard of living

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Definitions:

Eysenck Personality Inventory

A psychological test designed to measure two dimensions of personality: introversion-extraversion and neuroticism-stability.

Workplace Norms

Established standards and expectations for behavior and practices within a professional setting.

Trait

A distinguishing quality or characteristic, typically one belonging to a person.

Extraversion

A personality trait characterized by outgoingness, high energy, and a preference for social situations, contrasting with introversion.