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regina nana regina nana
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5 years ago

Question 1.

All of the following will shift the labor supply curve except

• an increase in labor force participation rate among women.

• an increase in the average age of retirement.

• an increase in the wage rate.

• a change in a country's immigration policy.

Question 2.

Which of the following best explains why unemployment rates are higher in the European economies than in the United States?

• More Europeans go to school full time and are therefore not able to participate in the labor market.

• Unemployment benefits are more generous in Europe than in the United States.

• Workers in Europe are less productive than workers in the United States.

• European industries pay a lower wage rate than industries in the United States.
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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aishasuaishasu
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5 years ago
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regina nana Author
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