Figure 12-2 -The Demand D₁ and Short-Run Supply SSR of Accountants Is

question 194

Multiple Choice

Figure 12-2

-The demand D₁ and short-run supply SSR of accountants is indicated in Figure 12-2.Which of the following would most likely shift the demand for accountants from D₁ to D₂?

• A)an increase in the number of accounting majors in college
• B)enacting legislation that increases the complexity of personal and business tax returns
• C)high wages for accountants
• D)a reduction in the wages of bookkeepers,a substitute resource for accountants

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Definitions:

Ancestors Of Amphibians

Early vertebrates from which modern amphibians are descended, likely evolving in the Devonian period.

Lobe-Finned Fish

Jawed fish with fins supported by internal bones; for example, a coelacanth or lungfish.

Homo Habilis

An extinct species of early human that lived approximately 2.1 to 1.5 million years ago, recognized for its use of stone tools.

Stone Tools

Prehistoric tools made from stone by early humans for cutting, scraping, and other activities.