1. Explain the factors determining the backward bending supply curve.
2. What are the determinants of labor demand? Explain each.
3. Identify 3 factors affecting the labor supply curve. Explain each.
4. Explain the following: labor force participation rate from, underemployment rate, youth participation rate.
5. Explain the point of tangency between the income and the labor-leisure curve.
6. Explain the equilibrium across labor markets.