Which of the Following Is Correct

question 273

Multiple Choice

Which of the following is correct?

• A)The labor-force participation rate of women has increased in part due to smaller families.
• B)The labor-force participation rate of men has decreased in part due to men retiring younger and living longer.
• C)Both a and b are correct.
• D)None of the above is correct.

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Definitions:

Purposeful Behavior

Actions taken with intention and goal-directed motivation, often considered in economic theory as rational choice.

Economic Theories

Conceptual frameworks explaining how economies function and the relationships between different economic agents and factors.

Economic Policy

Strategies and decisions by a government or organization aimed at achieving specific economic aims, such as controlling inflation, reducing unemployment, or promoting growth.