Question: TRUE or FALSE? ( give reasons here) a. If the consumer does not make an endogenous labor supply choice, then money is superneutral in the

TRUE or FALSE? ( give reasons here)

a. If the consumer does not make an endogenous labor supply choice, then money is superneutral in the long run, even if the utility function is not additively separable in consumption and money - i.e. =[][].

b. If the consumer makes an endogenous labor supply choice, then money is superneutral in the long run when the utility function is not additively separable in consumption and leisure on one hand and money on the other - i.e. =[,][].

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