Lisa Is Currently Not Employed

question 106

Multiple Choice

Lisa is currently not employed. She places a value of $12 an hour on her time in nonmarket activities. If Lisa is offered a job paying $17 an hour,

• A) she should supply 0 hours in the labor market and allocate all of her time to nonmarket activities.
• B) she should supply a positive number of hours in the labor market and allocate no time to nonmarket activities.
• C) she should supply a positive number of hours in the labor market and to nonmarket activities.
• D) she is indifferent between supplying hours to the labor market and using her time in nonmarket activities.

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Definitions:

DC Average

The average value of a direct current (DC) signal over a period of time, usually calculated by integrating the signal over that period and dividing by the period's length.

Positive Pulses

Positive pulses are brief increases in electrical voltage or current that move from a baseline towards a higher value in a positive direction.

Voltage

The electrical potential difference between two points, or the force that drives an electric current between those points.

Armature

The rotating part of an electric machine, such as a motor or generator, around which the electromotive force is generated.