Suppose the Quantity of Nursing Services Demanded Exceeds the Quantity

question 94

Multiple Choice

Suppose the quantity of nursing services demanded exceeds the quantity of nursing services supplied. The nursing wage rate will:

• A) decrease.
• B) increase.
• C) not change.
• D) none of the above

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Definitions:

Americans with Disabilities Act

A civil rights law that prohibits discrimination against individuals with disabilities in all areas of public life, including jobs, schools, transportation, and all public and private places open to the general public.

Employer

An individual or organization that hires and pays others to perform services or work as part of a team or company.

Family and Medical Leave Act

A U.S. federal law that provides employees with unpaid, job-protected leave for certain family and medical reasons.

Employers

Individuals or organizations that hire others to perform services or work in exchange for compensation.