Multiple Choice
Refer to the information provided in Figure 13.4 below to answer the questions that follow. 
Figure 13.4
-Refer to Figure 13.4. Suppose there is a decrease in the fertility rate and this causes some men and women to place a lower value on their time spent in nonmarket activities. This will cause
A) the labor supply curve to shift to the left of S.
B) the labor supply curve to shift to the right of S.
C) the labor demand curve to shift from D to D'.
D) the labor demand curve to shift from D' to D.
Correct Answer:
Verified
Correct Answer:
Verified
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