The Average Work Week in the United States Has Declined

question 80

Multiple Choice

The average work week in the United States has declined to fewer than 40 hours even though wage rates have been increasing.The best explanation of this phenomenon is that

• A)the labor supply curve shifted to the right
• B)the labor demand curve shifted to the right
• C)the income effect of rising wages outweighed the substitution effect
• D)the income effect of rising wages could not outweigh the substitution effect
• E)none of the above

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Definitions:

Accumulating Statement

A statement in programming used to sum or accumulate values over a sequence of iterations.

Initialized

The process of assigning an initial value to a variable at the time of its declaration.

EOF Mark

An indication of the end of a file, used by a computer to understand where the content of a file ends.