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Suppose that Alpha and Omega have identically sized working-age populations but that annual hours of work are much greater in Alpha than in Omega. This
Suppose that Alpha and Omega have identically sized working-age populations but that annual hours of work are much greater in Alpha than in Omega. This could happen because multiple choice Omega's labor force is underemployed or Omega workers place a higher value on leisure than those in Alpha. more of Alpha's labor force is unemployed and Omega workers place a lower value on leisure than those in Alpha. Alpha's labor force is underemployed and Omega workers place a higher value on leisure than those in Alpha. more of Omega's labor force is unemployed or Omega workers place a lower value on leisure than those in Alpha
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