True or False?If false, correct the statement. Do NOT rewrite the statement. Cross out the incorrect part and add necessary words to make the statement correct.

1. The following is a normative statement: Holding all else constant, all professional football players should be required to wear the safest helmets.

TRUE FALSE

2. The following is a normative statement: Holding all else constant, workers who receive paid sick leave are likely to accept lower wages.

TRUE FALSE

3. The following is a positive statement: Holding all else constant, imposing a wage tax will likely cause a deadweight loss (as defined by economists) in the labor market.

TRUE FALSE

4. An economist might argue that government income redistribution programs can be Pareto improving, as long as all agents are purely individualistic.

TRUE FALSE

5. When comparing the wellbeing of workers over time, the nominal wage rate is a good measure.

TRUE FALSE

6. Total compensation includes health insurance premiums paid by the employer and co- payments paid by a worker.

TRUE FALSE 7. Nonpecuniary means monetary.

TRUE FALSE

8. Casey is a carpenter who builds new homes. Her occupation is construction and her industry is carpenter. She works in a service-producing industry.

TRUE FALSE

9. Once adjusted for inflation, average hourly earnings for all U.S. employees have been increasing since the mid-1960s.

TRUE FALSE

10. Labor force participation has been increasing for both women and men since 1948.

TRUE FALSE

11. The female-to-male median annual earnings ratio for full-time full-year workers in the United States has been increasing steadily since the 1960. The female-to-male median weekly earnings ratio for full-time full-year workers in the United States is currently higher for younger workers, as compared to older workers.

TRUE FALSE

12. Holding the number of people employed constant, a decrease in the number of people unemployed will decrease the labor force participation rate.

TRUE FALSE