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When All Other Influences on Work Plans Remain the Same

Question 30

Multiple Choice

When all other influences on work plans remain the same, the


A) lower the real wage rate, the smaller the quantity of labour supplied.
B) lower the real wage rate, the larger the labour force participation rate.
C) lower the real wage rate, the greater the quantity of labour supplied.
D) higher the real wage rate, the greater the quantity of labour demanded.
E) lower the real wage rate, the smaller the quantity of labour demanded.

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