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How would each of the following factors likely affect the economy-wide supply of
How would each of the following factors likely affect the economy-wide supply of labor? In each case, show your answers in graphs (5 points) and briefly explain the rationale (5 points).
The restriction of immigration law that causes a ban on immigrant workers in the U.S.
The age at which people are eligible for Medicare is increased.
Social Security benefits are made more generous.
More couples decided to have children.
More efficient electronic job application process for job seekers.
Answer each question in 2-3 sentences with a graph. Total of 5 question shown below.
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