Question: . . . 11:00 PM Thu Sep 18 ng.cengage.com C + ED x MindTap - C... G of pet friendl C Videos - 2 K

. . . 11:00 PM Thu Sep 18 ng.cengage.com C + ED x MindTap - C... G of pet friendl C Videos - 2 K Kortext Cengage Le... G for pets flyin... Q Search this course ? CENGAGE | MINDTAP X Chapter 29 Problems Applications ack to Assignment Attempts | 3.7 Do No Harm 3.7 / 4 9. Problems and Applications Q9 Structural unemployment is sometimes said to result from a mismatch between the job skills that employers wan have. To explore this idea, consider an economy with two industries: auto manufacturing and aircraft manufacturi EI A-Z Assume that workers in these two industries require similar amounts of training, and they can choose which indus their careers. True or False: Wages between the two industries would be equal. A+ True False Suppose that one day the economy opens itself to international trade and, as a result, starts importing autos and ? This would cause the demand for labor in the auto manufacturing industry to __ and the demand for labor in th Suppose that workers in one industry cannot be quickly retrained for the other. Which of the following accurately describes the effects of the shifts in demand on the equilibrium wages in the two Wages in the auto industry would fall in the short run. Wages in the aircraft industry would fall in the short run. Wages in the auto manufacturing industry would be less than those in the aircraft manufacturing indus If for some reason wages fail to adjust to the new equilibrium levels as a result of opening up to international trac industry . of workers in the aircraft industry and Grade It N

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