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image (Equ'm (ASL, ADL, Full Employment Level of Employment (Lbar),…
Demand
MPL&Demand
Demand
Wage&Labor
MPL
Labor&Wage
Movement
Wage
Shift
Shock
Capital
Productivity
Supply
Trade-off
Leisure
Work
Wage :arrow_up:
Substiution
Work
Income
Leisure
Change
Exp future wage
Working Age
Wealth
Labor Participation
Equ'm
ASL
ADL
Full Employment Level of Employment (L
bar
)
real wage rate (Wbar)
