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The income and substitution effects of a change in the wage rate 0 a always work in the same direction O b work in the same direction only if the wage decreases work in the same direction

The income and substitution effects of a change in the wage rate 0 a. always work in the same direction. O b. work in the same direction only if the wage decreases. O c. work in the same direction only if the wage increases. O d. always work in opposite directions. O e. work in opposite directions only if the wage decreases

Apr 29 2020 View more View Less

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