by BlastRoom
Explore how labor supply and labor demand interact to determine wages.
#us_hs_economics

20 questions
One question set, multiple game modes. Tap any game to see it in action. Not sure which to pick?
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Sell tours. Nice, standard, or a total scam.
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More correct answers pulls the rope your way.
Answer, then shoot down the alien wave.
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A new semiconductor plant opens and several firms begin hiring electricians in one county. Holding labor supply constant, what happens in that labor market?
Several factories in a town close permanently, reducing the number of machinists firms need. If labor supply is unchanged, what happens to machinists' wages?
A community college graduates many new dental hygienists who seek jobs locally. With employer demand unchanged, what is the likely wage effect?
Many experienced truck drivers retire from a region while freight companies want the same number of drivers. What happens to the labor market for drivers?
After a hurricane, homeowners demand far more roof repairs. If the number of roofers is unchanged in the short run, what happens to roofers' wages?
A restaurant chain replaces many cashiers with self-service kiosks. With the local supply of cashiers unchanged, what is the likely result?
A state offers free training that enables many workers to qualify as pharmacy technicians. If employer demand does not change, what happens to the technician wage?
A pipeline-certified welder earns much more per hour than a store cashier. Welding certification takes years and few workers have it, while cashier tasks can be learned quickly. What best explains the gap?
Two equally trained accountants work similar hours. One earns more because she specializes in a software system that many local firms need but few accountants can use. What best explains her higher pay?
Two workers have similar training, but one repairs power lines during dangerous storm conditions and receives higher hourly pay. Which labor-market reason best explains the difference?
A nurse earns more in a fast-growing city than an equally qualified nurse in a nearby town. The growing city has opened hospitals and added many patients. What is the strongest explanation?
A delivery driver using improved routing software can complete more deliveries per hour, and customers still want those deliveries. Why might the driver command a higher wage?
A state funds 2,000 additional nursing-school seats, and the graduates enter the job market four years later. Which side of the labor market changes?
A popular new product causes a furniture maker to receive many more orders, so it plans to hire additional carpenters. Which side of the carpenter labor market is affected?
A new licensing rule requires additional training before someone can work as an electrician, and fewer people qualify. What is the direct labor-market effect?
Consumers shift away from printed newspapers to online news, and newspaper publishers cut reporter positions. Which side of the reporter labor market shifted?
Firms hire workers because those workers help produce goods and services that consumers buy. What is this demand for labor called?
At what wage does a labor market clear, with the quantity of labor supplied equal to the quantity of labor demanded?
What term describes a legally imposed minimum price for labor that employers may not pay below?
A worker now assembles 12 devices per hour instead of 8 using the same amount of time. Which term names this increase in output per hour worked?
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Minimum Wage, Labor Law and Workers' Rights
20 questions