1. Supply of Labor to the Economy: The Decision to Work
Chapter 6
Supply of Labor to the Economy: The Decision to Work

2. TABLE 6.1 Labor Force Participation Rates of Females in the United States over 16 Years of Age, by Marital Status, 1900–2002 (percentage)
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3. TABLE 6.2 Labor Force Participation Rates for Males in the United States, by Age, 1900–2002 (percentage)
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4. TABLE 6.3 Labor Force Participation Rates of Women and Older Men, Selected Countries, 1965–2002 (percentage)
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5. FIGURE 6.1 An Individual Labor Supply Curve Can Bend Backward
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6. FIGURE 6.2 Two Indifference Curves for the Same Person
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7. FIGURE 6.3 An Indifference Curve
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8. FIGURE 6.4 Indifference Curves for Two Different People
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9. FIGURE 6.5 Indifference Curves and Budget Constraint
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10. FIGURE 6.6 The Decision Not to Work Is a "Corner Solution"
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11. FIGURE 6.7 Indifference Curves and Budget Constraint (with an increase in nonlabor income)
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12. FIGURE 6.8 Wage Increase with Substitution Effect Dominating
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13. FIGURE 6.9 Wage Increase with Income Effect Dominating
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14. FIGURE Wage Increase with Substitution Effect Dominating: Isolating Income and Substitution Effects
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15. FIGURE Wage Increase with Substitution Effect Dominating: Isolating Income and Substitution Effects (cont.)
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16. FIGURE Wage Increase with Substitution Effect Dominating: Isolating Income and Substitution Effects (cont.)
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17. FIGURE 6.11 The Size of the Income Effect Is Affected by the Initial Hours of Work
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18. FIGURE 6.12 Reservation Wage with Fixed Time Costs of Working
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19. FIGURE 6.13 Budget Constraint with a Spike
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20. FIGURE 6.14 Income and Substitution Effects for the Basic Welfare System
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21. FIGURE 6.15 The Basic Welfare System: A Person Not Choosing Welfare
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22. FIGURE 6.16 The Welfare System with a Work Requirement
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23. FIGURE 6.17 Earned Income Tax Credit (Unmarried, One Child), 2003
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