A decrease in the demand for nurses will lead to
A) An increase in wages in the short-run and an increase in the stock of nurses in the long-run
B) A decrease in wages in the short-run and an increase in the stock of nurses in the long-run
C) An increase in wages in the short-run and a decrease in the stock of nurses in the long-run
D) An decrease in wages in the short-run and an decrease in the stock of nurses in the long-run
Correct Answer:
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