Consider the Labor Market for Computer Programmers

question 19

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 labor market for computer programmers?

• A) The equilibrium wage increased and the equilibrium quantity of labor increased.
• B) The equilibrium wage increased and the equilibrium quantity of labor decreased.
• C) The equilibrium wage decreased and the equilibrium quantity of labor increased.
• D) The equilibrium wage decreased and the equilibrium quantity of labor decreased.

---

Definitions:

Pregnancy

is the condition of having a developing embryo or fetus in the uterus, marked by various physiological and hormonal changes.

Postpartum Period

The period (about 3 months) following childbirth, characterized by physical stabilization and emotional adjustment.

Physical Stabilization

The process of bringing a patient's physical condition to a steady state whereby recovery or healing can optimally occur, often after trauma or during critical illness.

Emotional Adjustment

The process of managing and adapting one's emotions to cope with new or challenging environments or situations.