Since 1951, What Has Happened to the Labour-Force Participation Rate

question 25

Multiple Choice

Since 1951, what has happened to the labour-force participation rate of men and women?

• A) It has increased for both men and women.
• B) It has increased for men and decreased for women.
• C) It has decreased for men and increased for women.
• D) It has decreased for both men and women.

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Definitions:

Appliance Manufacturer

A company that produces electrical machines and devices for domestic use.

Variable Resources

Inputs or factors of production that can be adjusted in the short term to meet changes in the level of output, such as labor and raw materials.

MRPs

Marginal revenue products, a measure of the additional revenue generated by employing an additional unit of a resource or factor of production.

Labor Cost

The total expenditure incurred by employers for the wages, benefits, and taxes associated with their workforce.