1. Which of the following cannot explain the change in female labor force participation rates over the past 75 years?
A. World War II.
B. higher real wages for women.
C. lower real wages for men.
D. increased female educational attainment.
E. reduced fertility.
2. Unemployment compensation programs provide a lower income than workers received while they were employed because full replacement of lost income would:
A. result in an incentive for workers to not return to work.
B. resu;t in a higher level of utility than the worker received while working.
C. Both of the above are correct.
D. None of the above is correct.