Consider the Labor Market for Heath Care Workers

question 199

Multiple Choice

Consider the labor market for heath care workers. Because of the aging population in the United States, the output price for health care services has increased. Holding all else equal, in the labor market for health care employees the equilibrium wage

• A)increases, and the equilibrium quantity of labor increases.
• B)increases, and the equilibrium quantity of labor decreases.
• C)decreases, and the equilibrium quantity of labor increases.
• D)decreases, and the equilibrium quantity of labor decreases.

---

Definitions:

Interval

A specific period between events or a certain point in time within a continuum.

Ratio

A quantitative relationship between two numbers showing how many times the first number contains the second or is contained by it.

Intermittent Reinforcement

A conditioning schedule in which a response is only sometimes rewarded, leading to more resistant behavioral patterns.

Reinforcer

In the context of behavioral psychology, a stimulus that follows a behavior and increases the likelihood of the behavior being repeated.