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The article presents two other applications of the standard neoclassical model of consumption-leisure choice, which forms the individual labour supply. The first one is decision making concerning time allocation with regard to household production; the second one is focused on labour supply over...
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and income poverty, in order to highlight the importance of income distribution in the economic system, the causes and … of economic growth on poverty reduction? Is there an effective state policy to reduce or eliminate income poverty? Can a … government reduce poverty only by promoting economic growth, or is it desirable to choose a combination of growthredistribution …
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