Q. Assume that all young women were channeled into careers as secretaries, nurses, as well as teachers; at the same time, young men were encouraged to consider these three careers as well as many others as well.
a. Draw a diagram showing the combined labor market for secretaries, nurses, as well as teachers. Draw a diagram showing the combined labor market for all other fields. In which market is the wage higher? Do men or women receive higher wages on average?
b. Now Assume that society changed as well as encouraged both young women as well as young men to consider a wide range of careers. Over time, what effect would this change have on the wages in the two markets you illustrated in part (a)? What effect would the change have on the average wages of men as well as women?