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Microeconomics Labor Supply Practice Questions

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1. Why can a worker's budget constraint for leisure and all other goods only pivot around one end? Recall that a budget constraint is a line connecting the two maximum points of consumption for each good. The maximum amount of leisure that a worker can consume is 24 hours in one day. This amount cannot increase, as there are only 24 hours in a day. The worker's consumption of all other goods (AOG) can change, however, depending on the level of wages the worker is earning. 2. How does a decrease in wages affect workers' decisions between leisure and labor? Unless we are at a very high wage level (in which case a backwards-bending supply curve could change things), a drop in wage will have three affects: a) a decrease in consumption of both leisure and AOG (income effect); b) a decrease in the consumption of AOG (substitution effect); c) and an increase in the consumption of leisure, since leisure becomes relatively less expensive when there are lower wages lost in its pursuit (also the substitution effect). This means that workers will work less and play more. 3. What set of circumstances would generate a backward-bending labor supply curve? If the substitution effect outweighs the income effect for low wage levels, and the income effect outweighs the substitution effect for high wage levels, there will be a backward-bending labor supply curve. 4. Why is there a tradeoff between leisure and consumption, and not between labor and leisure? Leisure and consumption are both normal goods, while, for most people, labor is a means to an end rather than a good in and of itself. (Most people, given a choice between labor and leisure, would choose leisure, which wouldn't give us a very useful budget constraint to worth with). Thus, the tradeoff is between leisure and the things you can buy if you choose labor (consumption). If you choose leisure, you don't work as much, and so you can't buy as much. If you choose consumption, you have to work more, and you can't play as much.

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1. A nurse is reviewing the laboratory results of an adolescent
who has anorexia nervosa. Which of the following finding
should the nurse expect?
A. Blood glucose 100 mg/dl
B. T4 11 mcg/dl
C. Potassium 3.7 meq/l
D. Hgb 10 g/dl
2. A nurse is reviewing laboratory values for a client who has
bipolar disorder and a prescription for lithium. The nurse
should identify that which of the following laboratory
results places the client at risk for lithium toxicity?
A. Potassium 50
B. Sodium 130
C. chloride 98
D. calcium 9.0
3. A nurse is performing a mental status examination for a
client who has schizophrenia. The nurse should recognize
that which of the following actions requires the client to
think abstractly?
A. Explain that to do if he messes the bus
B. Name the last three presidents of the United States of
America
C. Count by adding sevens consecutively
D. Determine the meaning of a proverb
4. A nurse is counseling an adult client whose parent just died.
The client states, my son is 4, and I don’t know how he’ll
react when he finds out that his grandpa died. The nurse
should inform the client that the preschool age child
commonly has which of the following concepts of death?
A. Death is not permanent and the loved one may come
back to life
B. Death is a part of life that eventually happens to
everyone
C. Death creates an interest in the physical aspects of dying
D. Death is contagious and can cause other people he loves
to die.
5. A nurse is teaching about benztropine to a client who has
schizophrenia. Which of the following statements should
the nurse include in the teaching?
A. This medication is given to help with your depression

, B. This medication is given to help with extrapyreamidal
side effects
C. Benztropine helps alleviate your hallucinations
D. Benzriopine is used to counteract your tachycardia
6. A nurse is creating a plan of care for a client who has major
depressive disorder. Which of the following interventions
should the nurse include in the plan?
A. Keep a bright light on in the client’s room at night
B. Identify and schedule alternative group activities for the
client
C. Encourage physical activity for the client during the day
D. Discourage the client form expressing feelings of anger
7. A nurse is assessing a client who requests bupropion for
smoking cessation. Which of the following finding in the
client’s history should the nurse recognize as a
contraindication for taking this medication?
A. Anemia
B. Seizures
C. Migraines
D. Asthma
8. A nurse is assessing a child in the emergency department.
Which of the following findings places the
child at greatest risk for physical abuse?
A. The child has no siblings
B. The child has cystic fibrosis
C. The child is 10 year old
D. The child is homeschooled
9. A nurse in an inpatient mental health facility is assessing a
client who has schizophrenia and is taking haloperidol.
Which of the following clinical findings is the nurse’s
priority?
A. Headache
B. Insomnia
C. Urinary hesitancy
D. High fever
10. A nurse is providing crisis intervention for a client who
was involved in a violent mass casualty situation in the
community. Which of the following actions should the
nurse take during the initial session with the client?
A. Identify the client’s usual coping style
B. Tell the client that his life will soon return to normal
C. Help the client focus on a wide variety of topics
regarding the crisis

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