Which of the following statements are true concerning the labor force participation rate?
i. The labor force participation rate for women in the United States has increased since 1959.
ii. The labor force participation rates for women across different countries have converged to about 50 percent.
iii. The labor force participation rate for men in the United States has decreased since 1959.
A) i and ii
B) i, ii and iii
C) i and iii
D) iii only
E) i only
C
You might also like to view...
Eliminating trade barriers does all of the following except
A) increases economic efficiency. B) lowers the average standard of living in a country. C) lowers domestic prices. D) All of the above occur when trade barriers are eliminated.
What are the marginal propensity to consume (MPC) and the marginal propensity to save (MPS)? How is the MPC related to the consumption function?
What will be an ideal response?