Labor-Leisure Tradeoffs, When leisure is a normal good, in that case the demand for

Labor-Leisure Tradeoffs

When leisure is a normal good, in that case the demand for leisure: (1) varies directly with income. (2) has declined sharply from World War II. (3) is positively associated to the average age of the population. (4) shifts leftward as a result of technological advances. (5) None of the above.

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