Economy, asked by maanu16, 11 months ago

Income effect when wages rise

(a) work hours rise
(b) work hours fall
(c) work hours remain constant
(d) work hours first fall and then rise​

Answers

Answered by brainlyuser1218
1

Answer:

c is your answer......

Answered by umaraligourgmailcom
1

Answer:

The income effect of higher wages means workers will reduce the amount of hours they work because they can maintain a target level of income through fewer hours.

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