Which of the following statements is true?

A) All else equal, the incentive to look for a job is lower for an individual with a lower opportunity cost of time.
B) All else equal, a worker who earned a higher income earlier but is now unemployed will have a lower opportunity cost of time than someone who had a lower income but is now unemployed.
C) All else equal, a worker who earned a higher income earlier but is now unemployed will have the same opportunity cost of time than someone who had a lower income but is now unemployed.
D) All else equal, the incentive to look for a job is higher for an individual with a lower opportunity cost of time.


A

Economics

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