Political leaders are always aiming for an optimal combination of efficiency and equality

The economy's marginal social benefit curve for a public good is calculated by adding the

A) marginal cost of all the suppliers at each quantity. B) quantities supplied by all the suppliers at each price. C) quantities demanded by all the individuals at each price. D) marginal benefits of all the individuals at each quantity.

If leisure is a normal good and the economy expands so that national income rises by 3% next year then theoretically what ought to happen to the amount of work that should take place?

What will be an ideal response?