The backward-bending labor supply curve includes each of these variables except

Money is always neutral. This statement is most likely to be made by a proponent of the

a. new Keynesian model. b. monetarist model. c. real business cycle model. d. classical model. e. both c and d.

The labor force participation rate for women in the United States has _____

a. stayed the same over the last 30 years b. increased significantly since the 1950s c. decreased significantly since the 1950s d. fluctuated substantially both upward and downward since the 1950s e. increased only very slightly since the 1950s