All of These Would Explain a Change in Labor Supply

question 289

Multiple Choice

All of these would explain a change in labor supply EXCEPT a(n)

• A) decrease in productivity.
• B) increase in population.
• C) increase in job status or prestige.
• D) decrease in immigration.

---

Definitions:

Income

The financial return or earnings from employment, investments, or business ventures.

Income Effect

The change in consumption that results from a change in real income, holding prices constant.

College Textbooks

Books prescribed by college educators that contain the necessary subject matter for students enrolled in college courses.

Vitamin Capsules

Encapsulated forms of vitamins, designed to supplement the dietary intake of nutrients.