If people expect to _______ and also expect that benefits from social security may not be forthcoming, the supply curve for labor will shift to the _______ .
A) live longer; left
B) live shorter lives; right
C) live longer; right
D) die soon; right

Question

Quizplus · Accepted Answer

If people expect to live longer and also expect that benefits from social security may not be forthcoming, they will need to work longer to support themselves in their longer lives. This will shift the supply curve for labor to the right.

If People Expect to _______ and Also Expect That Benefits