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Since the September 11th attack there has been an increase in the demand for security personnel: police, air marshals, airport security, etc. 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.

2007-03-04 23:50:15 · 2 answers · asked by doughboy0022000 2 in News & Events Current Events

2 answers

I am not sure that the demand is so large a thing that it will cause an economic shift. The number of air marshals was large in the 70s when we had some planes hijacked but fell as we were lulled into thinking it was a nicer world by a press that pays more attention to entertainment news. Still, we are not looking at millions of people here. The entire American police establishment is not nearly as large as many think. I know the number but its not something I would put out there but it is surprisingly low.

2007-03-05 01:51:36 · answer #1 · answered by Tom W 6 · 0 0

The increase for security has gone up.
Which just drives up the cost of business.
In the end will cause wages to go down for other things.

Muslim terrorism is a drain on the nation.

2007-03-05 07:58:16 · answer #2 · answered by Anonymous · 0 0

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