In the short run, the labor supply curve for most people slopes upward because
A) labor supply experiences increasing marginal returns.
B) the substitution effect is completely offset by the income effect.
C) there is a direct relationship between the quantity of labor supplied and the quantity of labor demanded.
D) the substitution effect is stronger than the income effect.
D
Economics
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About what percent of the world's water supplies are used for agricultural purposes?
a. 90 b. 70 c. 45 d. 20 e. 10
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Cost-push inflation can start with
A) a decrease in government expenditure. B) an increase in oil prices. C) a decrease in investment. D) a decrease in the quantity of money. E) an increase in government expenditure.
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