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question 41

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Use the following to answer questions :
Figure: Rita's Time Allocation Budget Line Use the following to answer questions : Figure: Rita's Time Allocation Budget Line   -(Figure: Rita's Time Allocation Budget Line) Look at the figure Rita's Time Allocation Budget Line.It is based on 80 hours available for labour and leisure.Rita chooses 40 hours of leisure and an income of $280.When her hourly wage doubles,Rita chooses 30 hours of leisure and an income of $700.The substitution effect is making her work _____,the income effect is making her work _____,and the substitution effect is _____ than the income effect. A)  more;less;stronger B)  less;more;stronger C)  more;less;weaker D)  less;more;weaker
-(Figure: Rita's Time Allocation Budget Line) Look at the figure Rita's Time Allocation Budget Line.It is based on 80 hours available for labour and leisure.Rita chooses 40 hours of leisure and an income of $280.When her hourly wage doubles,Rita chooses 30 hours of leisure and an income of $700.The substitution effect is making her work _____,the income effect is making her work _____,and the substitution effect is _____ than the income effect.


Definitions:

Shivah

A week-long period of mourning observed in Jewish tradition following the funeral of a close family member.

Missionary Outreach

Activities or programs aimed at spreading a religious faith or providing aid and education in alignment with religious principles.

Spiritual Concept

Beliefs or ideas related to the soul, morality, and existence beyond the physical world.

Hope

Confident but uncertain expectation of achieving a future goal.

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