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Question
Holding all other influences constant, the quantity of labor supplied in a given time period dependsA) inversely on the real wage rate so that a higher real wage decreases the quantity of labor supplied.
B) directly on the real wage rate so that a higher real wage increases the quantity of labor supplied.
C) inversely on the quantity of labor demanded.
D) on the money wage rate not the real wage rate.
E) directly on the quantity of labor demanded.
Answer
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Related questions
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Scarcity results from the fact that
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B) not all goals are desirable.
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D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
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