If leisure is a normal good, then an increase in non-labor income will reduce labor supply.
举一反三
- If leisure is a normal good, then an increase in non-labor income will reduce labor supply. A: 错 B: 对
- Which of the following will cause an increase in the demand for labor A: An increase in the labor supply. B: A decrease in labor productivity. C: An increase in the demand for the final good or service.
- An increase in labor productivity shifts the A: labor demand curve rightward. B: labor demand curve leftward. C: labor supply curve rightward. D: labor supply curve leftward
- An increase in taxes on labor income decreases potential GDP.
- An increase in labor productivity shifts the labor ________ curve ________. A: demand; rightward B: demand; leftward C: supply; rightward D: supply; leftward