Which of the Following Events Can Cause the Labor-Supply Curve

question 424

Multiple Choice

Which of the following events can cause the labor-supply curve to shift?

• A)an increase in the wage rate
• B)an increase in the price of output
• C)an increase in the rate of immigration
• D)a technological advance

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Definitions:

Estrogen

Estrogen is a primary female sex hormone responsible for the development and regulation of the female reproductive system and secondary sex characteristics.

Progesterone

A steroid hormone released by the corpus luteum that stimulates the uterus to prepare for pregnancy.

Testosterone

A steroid hormone that is the primary sex hormone in males, responsible for the development of male reproductive tissues and secondary sexual characteristics.

Androgen

A type of hormone that plays a role in male traits and reproductive activity; examples include testosterone.