If the Demand for Computer Scientists Increases Relative to Their

question 127

Multiple Choice

If the demand for computer scientists increases relative to their supply,

• A) the wages of computer scientists will decline.
• B) a computer science major will be more attractive to college students.
• C) the employment of computer scientists will fall.
• D) there will be a surplus of computer scientists.

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Definitions:

Compound Interest

Interest computation method where both the beginning principal and the accumulated interest from past terms are considered.

Exponential Growth

Growth at a rate that becomes ever more rapid in proportion to the growing total number or size.

Arithmetic Operations

Fundamental arithmetic processes comprising adding, subtracting, multiplying, and dividing.

Exponential Decay

A process in which the value of a quantity decreases at a rate proportional to its current value.