The graphs show the market labor supply (LS) curve for the country of Littleland. The two graphs show different shifts in the LS curve, from LS1 to LS2. Most of the items cause a shift in the labor supply (LS) curve. Place the statements under the graph that represents the appropriate shift. Graph A Graph B LSI LS2 LS2 LSI Quantity of labor Quantity of labor Note that not all statements need to be placed for this question. Note that not all statements need to be placed for this question. Graph B Graph A decrease in equilibrium Wigge rate increase in equilibrium wage rate an increase in emigration from Littleland an increase in the birthrate a decrease in the birthrate Answer Bank The government an increase in immigration introduces a to Littleland free childcare policy.
The graphs show the market labor supply (LS) curve for the country of Littleland. The two graphs show different shifts in the LS curve, from LS1 to LS2. Most of the items cause a shift in the labor supply (LS) curve. Place the statements under the graph that represents the appropriate shift. Graph A Graph B LSI LS2 LS2 LSI Quantity of labor Quantity of labor Note that not all statements need to be placed for this question. Note that not all statements need to be placed for this question. Graph B Graph A decrease in equilibrium Wigge rate increase in equilibrium wage rate an increase in emigration from Littleland an increase in the birthrate a decrease in the birthrate Answer Bank The government an increase in immigration introduces a to Littleland free childcare policy.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The graphs show the market labor supply (LS) curve for the country of Littleland. The two graphs show different shifts in
the LS curve, from LS1 to LS2. Most of the items cause a shift in the labor supply (LS) curve. Place the statements under
the graph that represents the appropriate shift.
Graph A
Graph B
LSI
LS2
LS2
LSI
Quantity of labor
Quantity of labor
Note that not all statements need to be placed for this question.
Transcribed Image Text:Note that not all statements need to be placed for this question.
Graph B
Graph A
decrease in equilibrium
Wigge rate
increase in equilibrium
wage rate
an increase in emigration
from Littleland
an increase in
the birthrate
a decrease in
the birthrate
Answer Bank
The government
an increase in immigration
introduces a
to Littleland
free childcare policy.
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