If a large number of people decide to major in economics,the supply and demand model has little to say about the future wages of economists.

Name: If a large number of people decide to major in economics,the supply and demand model has little to say about the future wages of economists.
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Question

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If more people major in economics,and the demand for economists does not change,the wages of economists will be expected to decline in the future as the supply of economists increases.

If a Large Number of People Decide to Major in Economics,the