Which of the following does NOT determine the labor force participation rate?

Question

Quizplus · Accepted Answer

Education does not directly determine labor force participation rate, but it can indirectly influence it through its impact on individuals' skills and job opportunities. Lifecycle effects refer to the tendency for individuals to participate in the labor force at higher rates during certain stages of their lives. Demographics, such as age, gender, and race, can also affect labor force participation rate. Incentives, such as wage levels and availability of benefits, can influence individuals' decisions to participate in the labor force.

Which of the Following Does NOT Determine the Labor Force