Answer:Substitution effect is greater than Income Effect
Explanation:
When there is increase in supply of labor as the wage rate increases then substitution effect dominates over Income effect.
on the other hand, When supply of labor decreases as the wage rate increases then income effect is stronger than substitution effect.
Here in this case with the increase in wage rate there is an increase in working hours. Therefore Substitution effect is greater than Income Effect
Answer About this soundEnglish pronunciation Korean: 주체; lit. subject; Korean pronunciation: usually left untranslated or translated as "self-reliance" is the official ideology of the Democratic People's Republic of Korea, described by the government as "Kim Il-sung's original, brilliant and revolutionary contribution to national and international thought". It postulates that "man is the master of his destiny", that the masses are to act as the "masters of the revolution and construction", and that by becoming self-reliant and strong, a nation can achieve true socialism.
Explanation:
Answer:
Exercising its check on the power of the legislations.
Explanation:
The supreme court belonged to the judicial branch of the government. As a form of check and balances, the judicial branch has the power to check the legislative branch by conducting a judicial review.
In a judicial review, the supreme court will evaluate the laws proposed by the congress and see if any part of the law proposal violates the United States constitution. If there's a part that violate it, the supreme court can deemed the proposed law as "unconstitutional" and the law cannot be passed by the Congress.
