Suppose there is an increase in the labor force participation rate. You would expect the equilibrium wage to ISelect] v and the equilibrium quantity of labor employed to [Select)

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Chapter30: The Labor Market
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Question 2
Suppose there is an increase in the labor force participation rate. You would expect
the equilibrium wage to Select]
v and the equilibrium quantity
of labor employed to Select)
Transcribed Image Text:Question 2 Suppose there is an increase in the labor force participation rate. You would expect the equilibrium wage to Select] v and the equilibrium quantity of labor employed to Select)
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