Does the United States' labor supply tend to be more elastic or more inelastic? Explain the competing theories discussed in the textbook. Which seems more convincing to you? Explain your answer. Link for reference Mankiw, G. (2021). Principles of microeconomics (9th ed.). Cengage. ISBN-13: 9780357133484 Retrieved from MindTap. URL: https://www.gcumedia.com/digital-resources/cengage/2020/principles-of-microeconomics_9e.php