If the Demand for Software Engineers Increases Slower Than Does

question 54

Multiple Choice

If the demand for software engineers increases slower than does supply, what will the effect on the wages of software engineers be?

• A) They will fall.
• B) They will remain constant.
• C) They will rise.
• D) They will first rise and then eventually will fall.

---

Definitions:

Capital Stock

The total amount of physical goods and financial assets that are used in the production of goods and services in an economy.

Depreciation

The measure of the reduction in value of an asset over time, often due to wear and tear.

Disposable Income

The amount of capital available for household expenditures and savings once income taxes have been removed.

Inventory

The goods and materials that a business holds for the ultimate goal of resale or repair.