Multiple Choice
Reference: Ref 23-8 (Figure: Labor Supply and Welfare) Refer to the figure. The presence of the welfare program causes this person to:
A) reduce hours of work from 12 to 0.
B) increase hours of work from 0 to 12.
C) reduce hours of work from 12 to 9.
D) reduce hours of work from 8 to 3.
Correct Answer:
Verified
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