When drawn against the current real wage,the labor demand curve shift to the right if
A) the interest rate increases.
B) current taxes increase.
C) total factor productivity increases.
D) future capital increases.
Correct Answer:
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Q2: An increase in lifetime wealth
A) increase current
Q3: At the end of the future period,in
Q4: The marginal propensity to consume out of
Q5: The demand for current consumption,as plotted against
Q6: The condition,MRS?,C = w,describes the representative consumer's
A)
Q7: Next period's capital is equal to current-period
Q8: The intertemporal substitution of leisure effect is
Q9: For the firm in the real intertemporal
Q10: A consumer may increase her saving by
A)
Q11: The condition,MRSC,C' = 1 + r,describes the
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