Since the 1950s, there has been a steady increase in the U.S. labor force due to an increase in the number of women who choose to pursue an education and professional career. The opportunity for women to pursue this path was bolstered by labor-saving technologies used in the home, such as the dishwasher and washing machine. Industries previously dominated by men, such as the accounting industry, have seen a significant increase in the number of female workers. The following graph shows the labor market for accountants in the United States. Show the effect of the change in women's preferences toward education and work on the U.S. labor market for accountants by shifting the labor demand curve, the labor supply curve, or both.

Since the 1950s, there has been a steady increase in the U.S. labor force due to an increase in the number of women who choose to pursue an education and professional career. The opportunity for women to pursue this path was bolstered by labor-saving technologies used in the home, such as the dishwasher and washing machine. Industries previously dominated by men, such as the accounting industry, have seen a significant increase in the number of female workers. The following graph shows the labor market for accountants in the United States. Show the effect of the change in women's preferences toward education and work on the U.S. labor market for accountants by shifting the labor demand curve, the labor supply curve, or both.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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