Which of the following is most closely linked to a household member's decision as to how much labour to supply

Question

Quizplus · Accepted Answer

The trade-off between leisure and work is the most closely linked factor to a household member's decision as to how much labour to supply. This decision is based on the individual's preference for leisure time versus earning income through work. The other choices may have an impact on labour supply in general, but they are not the driving force behind individual household members' decisions.

Which of the Following Is Most Closely Linked to a Household