Figure 20-3
-As hourly wages have risen in the United States in the twentieth century, the number of hours of labor supplied by most wage workers has
A)fallen.
B)stayed roughly constant.
C)risen.
D)generally risen, but has fallen during periods of recession.

Question

Figure 20-3 
-As hourly wages have risen in the United States in the twentieth century, the number of hours of labor supplied by most wage workers has
A)fallen. 
B)stayed roughly constant. 
C)risen. 
D)generally risen, but has fallen during periods of recession.

Quizplus · Accepted Answer

As hourly wages have risen in the United States in the twentieth century, the number of hours of labor supplied by most wage workers has fallen. This is because as wages increase, workers are able to earn the same amount of income by working fewer hours. Additionally, as wages increase, workers may be more likely to seek out jobs that offer better work-life balance or more flexible schedules, which may also result in a reduction in the number of hours worked.

Figure 20-3 -As Hourly Wages Have Risen in the United States in United