If the government increases funding to college work-study programs,which of the following would happen in the labor market?
A) Wages will increase and the labor force will increase.
B) The labor force will decrease but there will be an ambiguous change in the wage.
C) Wages will decrease and the labor force will increase.
D) The labor force will increase but there will be an ambiguous change in the wage.
E) Wages will increase and the labor force will decrease.
Correct Answer:
Verified
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