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
It is most accurate to say that within a nation's borders people largely share such essential attributes as values and language.
Answer:
Samsara is the cycle of rebirth. In the current life, people experience consequences of their past life, and in the next life, people experience consequences of karma in their current life.
Explanation:
Http://www.un.org/un70/en/content/70ways
Answer:
trade agreements with other countries
Explanation:
The invention of the automobile was in the EARLY 1900s, not the late. The development of the computer did not really effect / impact lives until 1990s and so does not really fit the question. The shopping malls could be an answer, but I think trade agreements is the best answer.
