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:

Disability

A condition that significantly restricts an individual's ability to perform certain activities or interact with the world around them due to physical or mental impairments.

Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage, or described in terms of such damage.

Screening Tests

Medical tests or examinations used to detect diseases or conditions in people who do not yet have any symptoms.

Preventive Care

Healthcare services that focus on disease prevention and health maintenance to avoid future health issues.