An Increase in Labor Force Participation Will Increase Output and Living

question 32

Multiple Choice

An increase in labor force participation will increase output and living standards at the cost of

• A) higher taxes
• B) higher interest rates
• C) longer work weeks
• D) foregone leisure time
• E) higher exports.

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Definitions:

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A graphical representation that shows the potential profit or loss of an option at various prices of the underlying asset.

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