Which of the following would most likely cause the movement from S 1 to S 2 ?







a. A much higher percentage of high school graduates seek jobs rather than go to

college.

b. There is an increasing trend among people in their fifties to retire early.

c. A well-publicized medical study motivates a large number of people to reduce their

work hours.

d. A country uses the profits from its nationalized oil industry to give an income subsidy

to all citizens.


a. A much higher percentage of high school graduates seek jobs rather than go to
college.

Economics

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Indicate whether the statement is true or false

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