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In General in the Real World Labor Market The

Question 85

Multiple Choice

In general in the real world labor market the:


A) price effect usually dominates, and thus we assume a downward sloping supply curve.
B) income effect usually dominates, and thus we assume a downward sloping supply curve.
C) price effect usually dominates, and thus we assume an upward sloping supply curve.
D) income effect usually dominates, and thus we assume an upward sloping supply curve.

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