The U.S. employment-to-population ratio peaked in 2000 and in 2014 fell to 59 percent, a level not seen since the early 1980s. This fall in the employment-to-population ratio shifts the ________ curve ________.
A) labor supply; leftward
B) labor supply; rightward
C) labor demand; leftward
D) labor demand; rightward
Question 2
In the above figure, the economy is at point a on the initial supply of loanable funds curve SLF0. What happens if the real interest rate rises?
A) Nothing; the economy would remain at point a.
B) There would be a movement to a point such as b on supply of loanable funds curve SLF0.
C) The supply of loanable funds curve would shift rightward to a curve such as SLF2.
D) The supply of loanable funds curve would shift leftward to a curve such as SLF1.
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