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
<span>The federal and state governments needed to repay money they had borrowed to pay for the Revolutionary War.</span>
Fire and natural disasters, also electronics
The federal court has the power to intervene if they deem that the state circuit is incorrect.
