Consider the Labor Market for Computer Programmers

question 201

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, the equilibrium wage in the labor market for computer programmers

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

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Agency Sponsoring

The act of an organization supporting or backing a specific event, project, or initiative, often through financial or resource-based contributions.

Cultural Sensitivity

Awareness and understanding of cultural differences and the ability to respectfully and effectively interact with people from diverse backgrounds.

Immersed

Engrossed or deeply involved in a particular activity or environment.

Nonjudgmental Attitude

An approach characterized by acceptance and openness, refraining from forming harsh judgments or criticisms about others.