Consider the Labor Market for Computer Programmers

question 304

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,what effect did this process have on the equilibrium wage in the labor market for computer programmers?

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

Understand the concept of bicultural identity and the mechanisms of cultural adaptation.

Comprehend the sociological definitions and implications of minority and majority groups.

Recognize the historical context and impacts of immigration policies in Canada.

Identify patterns of adaptation among immigrant youth.

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Definitions:

Purpose Clause

A section within a legal document or law that outlines the intent or goal of the document or statute.

Model Business Corporation Act

A model set of laws prepared by the American Bar Association that serve as a guide for state legislations to regulate corporate formation, operation, and dissolution.

Minority Shareholder

An investor who owns less than 50% of a company's shares, holding less control over decisions.

Oppression

The officers, directors, or controlling shareholder’s isolation of one group of shareholders for disadvantageous treatment to the benefit of another group of shareholders.