If there is a shortage of nurses, it is expected that
A) wages for nurses will go up as hospitals try to fill these positions.
B) wages for nurses will go down because of the increased competition between hospitals.
C) the return on the human capital investment of current nursing majors will decline.
D) wages for nurses currently practicing will increase, but new nurses will experience lower wages in the future.

Question

Quizplus · Accepted Answer

When there is a shortage of nurses, hospitals are likely to increase wages to attract more nurses to fill the vacant positions.

If There Is a Shortage of Nurses, It Is Expected