If There Is a Shortage of Nurses, It Is Expected

Multiple Choice

If there is a shortage of nurses, it is expected that

A) wages for nurses will go up as hospitals try to fill these positions.
B) wages for nurses will go down because of the increased competition between hospitals.
C) the return on the human capital investment of current nursing majors will decline.
D) wages for nurses currently practicing will increase, but new nurses will experience lower wages in the future.