An increase in capital stock will shift the production function

The representative consumer's discount factor B

A. equals the share of production going to labor B. is a parameter capturing how patient the consumer is C. is a choice parameter controlling consuming versus saving D. is the reduction in price from a competitive factor market

As the wage rate rises, the income effect influences workers to choose ________ leisure, and the substitution effect influences workers to choose ________ leisure

A) more; less B) more; more C) less; less D) less; more