arning.com/ibiscms/mod/ibis/view.php?id-5637056 Incorrect 3 IncorrectS Incorrect

Question

arning.com/ibiscms/mod/ibis/view.php?id-5637056 Incorrect 3 IncorrectS Incorrect Sapling Learning Mup training and technical knowledge, has i he question that follows. e eamed by bulet train conductors, an occupation that requires a high level of reased dramatically. In addition, more people have trained as bullet train show what else must change to explain the increase in the wage. Then, answer f, in general, all high-skilled industries have also performed in a simlar way, of the following predictions, which is the most likely to occur? Wage O An increase in income inequality O An increase in the retirement age O skres of traditional train conductors. O An increase in union membership. S2 tax increases to subsidize Quantity of High-Skoled Labor If you need to reset the graph to its original dlick on the araph, and then click on the There is a hint available! View the hint by clicking on the batiom divider an the divider bar again to hide the hint Clgse O Previous ave Up & View Solution 0 Check Answer 0 Next Hint E about us careers orivacv policy terms of use contact u ?e

Explanation / Answer

Increase in income equality should be the answer.

However the question has a mistake that the number of people increasing in this occupation will cause a wage rise.When the labour supply increases,the aggregate supply rises and the Same curve shifts to the right reducing wages.

All the other factors can only reduce wages further.

Answer-Fourth option

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