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Economics

The question is that suppose that all young women were channeled into careers as secretaries, nurses, and teachers; at the same time, young men were encouraged to consider these three carrers and many others as well..

A. Draw a diagram showing the combined abor market for secretaries, nurses, and teachers. Draw a diagram showing the combined labor market for all other fields. In which market is the wage higher? DO men or women receive higher wages on average?

B.Now suppose that soceity changed and encouraged both yung women and young men to condisder a wide range of carrers. Over time, what effect would this change have on the wages in the two markets you illustrated in part (a)? what effect would the change have on the average wages of men and women?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9447429

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