问题
单项选择题
At low wage rates, will an increase in the wage rate most liken result in: The substitution effect An increase in the supply of labor()
A. Yes No
B. Yes Yes
C. No No
答案
参考答案:B
解析:
At low wage rates, an increase in the wage rate will induce a worker to work longer hours, leading to the substitution effect and an increase in the quantity of labor supplied.