Question: The Slutsky equation: A . May explain the increase in women s participation rate in the past 6 0 years. B . Predicts that individuals

The Slutsky equation:
A. May explain the increase in womens participation rate in the past 60 years.
B. Predicts that individuals with high reservation wage may work more.
C. Predicts that the substitution effect is zero for non-working individuals.
D. Predicts that the income effect is relatively small when you work many hours.

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