A rightward shift of the economy's labor supply curve would result from a(n)

Question

Quizplus · Accepted Answer

A rightward shift of the labor supply curve indicates an increase in the willingness and ability of workers to supply labor at each wage rate. Cutting income tax rates or benefits to the needy would increase the incentive for individuals to work, resulting in a rightward shift of the labor supply curve. Thus, option B is the correct answer. The other options involve policies that would decrease the incentive for individuals to work, resulting in a leftward shift of the labor supply curve.

A Rightward Shift of the Economy's Labor Supply Curve Would