the labor force participation rate of 25 – 54 year-old men
19. Compared to fifty years ago, the labor force participation rate of 25 – 54 year-old men has _____, the participation rate of 55 – 64 year-old men has _____, and the participation rate of men age 65 and over has _____.
a. risen; been fairly steady; risen c. risen; fallen; been fairly steady
b. fallen; risen; risen d. been fairly steady; fallen; fallen
20. Which one of the following is not a plausible explanation of the observed change in the participation rate of males age 65 and older since World War II?
a. Growth in the percentage of the labor force covered by private pensions
b. Cutbacks in Social Security benefits
c. The long-term growth of average real incomes and wealth
d. The increased generosity of the disability component of Social Security
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