Consider the Labor Market for Computer Programmers

question 201

Multiple Choice

Consider the labor market for computer programmers. During the late 1990s, the value of the marginal product of all computer programmers increased dramatically. Holding all else equal, the equilibrium wage in the labor market for computer programmers

• A)increased.
• B)decreased.
• C)did not change.
• D)It is not possible to determine the equilibrium wage.

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Definitions:

Repression

A psychological defense mechanism in which individuals unconsciously push disturbing thoughts, desires, or experiences from conscious awareness.

Motivated Forgetting

A theoretical process in which individuals may forget unwanted memories, either consciously or unconsciously, as a defense mechanism.

Psychic Mistreatment

Emotional or psychological abuse involving the use of verbal or non-verbal actions to control, isolate, or intimidate another individual.

Attributing

The process of explaining the reasons behind behaviors or events, often focusing on either internal dispositions or external situations.