Which of the following is NOT one of the three steps for forecasting changes in wages and employment opportunities in labor markets? (Note: Steps are not necessarily listed in order.)
A) Is that shift an increase or a decrease?
B) How many people are available to work?
C) How will wages and the number of jobs change in the new equilibrium?
D) Is the labor demand or labor supply curve shifting?
Correct Answer:
Verified
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