Empirical evidence indicates that inheritances _____ labor force participation; further,persons receiving inheritances tend to be _____ likely to work in the years preceding the inheritance.

Question

Quizplus · Accepted Answer

Empirical evidence suggests that receiving inheritances reduces labor force participation and individuals who receive inheritances are less likely to work in the years prior to the inheritance. Therefore, the best choice is D, which states that inheritances reduce labor force participation and individuals who receive inheritances are less likely to work compared to those who do not receive inheritances.

Empirical Evidence Indicates That Inheritances _____ Labor Force Participation; Further,persons