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:

Inborn Dispositions

Natural tendencies, traits, or characteristics that an individual possesses from birth, influencing behavior, preferences, and abilities.

Environmental Determinants

Factors in the environment that can influence an individual's health outcomes, including physical, chemical, biological, and social elements.

Men Age 18-24

Young adult males in this specific age range, often experiencing transitions in education, work, and social identity.

Heterosexual Parents

Parents who identify as being attracted to people of the opposite gender.