Final answer:
The correct statement is that the male labor force participation rate has fallen while the female labor force participation rate has risen over the past several decades.
Step-by-step explanation:
The correct statement is option d) male labor force participation rate has fallen while female labor force participation rate has risen over the past several decades.
Historically, the labor force participation rate in the United States has seen a decline for males while females have experienced an increase in their participation. Beginning in the 1960s, more women entered the workforce, leading to a rise in the female labor force participation rate. However, the male labor force participation rate has steadily declined since the late 1999 to early 2000 peak.
This trend indicates a shift in labor force participation patterns over time, with more females joining the workforce while males' participation has decreased.