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Labor force participation rates in the future

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Examine the characteristics of perfect competition. Think about the economic forces that lie behind the social attitudes and changes that have taken place in the labor market.

What are some goods and services that households want but cannot readily make at home? Do these wants contribute to two income-earner families?

Explain. What do you think will happen to the labor force participation rates in the future? Please explain your response.

Reference no: EM13848563

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