Other things remaining the same,which of the following is likely to happen if all homemakers in an economy start working as paid labor?

Question

Quizplus · Accepted Answer

When all homemakers start working as paid labor, the supply of labor increases. This typically leads to a decrease in the wage rate due to the higher supply. However, the employment level increases because more people are now working as paid labor.

Other Things Remaining the Same,which of the Following Is Likely