Business, 12.03.2021 15:10 chairawks

1. Across the United States, some states are implementing policies that guarantee universal preschool across the state. These states include Oklahoma, Florida, and New York. These policies are based on the well-publicized success of high-quality preschool programs across the country, in particular, the HighScope Perry Preschool program in Michigan. Now, consider that Massachusetts will implement universal high-quality preschool throughout the state. What would be the immediate impact of this new policy?

The immediate impact of this new policy will be to the demand for qualified preschool teachers.

Increase or decrease?

2. What would you expect to subsequently happen in the labor market for qualified preschool teachers?

In the long run, the supply of qualified preschool teachers will

Increase or decrease?

3. Now that you have assessed the impact of the new policy, depict the impact of the policy on the labor market for qualified preschool teachers in the figure below by shifting a curve or curves.

Answers: 3

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