If businesses found that changing economic conditions made it attractive for them to hire a larger number of economics majors, we would expect
A) economics majors to receive a greater return on their human capital investment.
B) a decrease in the employment opportunities for economics majors.
C) lower wages for economics majors.
D) fewer students to major in economics.

Question

Quizplus · Accepted Answer

If businesses demand more economics majors, the increased demand would likely lead to higher wages, thus providing a greater return on the human capital investment for those with economics degrees.

If Businesses Found That Changing Economic Conditions Made It Attractive