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1.
Discussion Question 1
Due Date: Day 2
·
Post a response to the following:
Because of recent terrorist threats and attacks, there has been an
increase in the demand for security personnel—police, air marshals, airport
security, and so forth. How do you think the higher demand has affected the
equilibrium wage? In which direction do you think the labor supply and demand
shifted? Explain your reasoning.
2.
Discussion
Question 2
Due
Date: Day 4
·
Post a response to the following:
Describe two factors that affect labor supply and two factors that
affect labor demand. Using the Principles of Economics,
describe how changes in the labor market have affected you or someone you know.
Refer to one specific principle when answering the question.
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