As the baby boomers in America grow older, the demand for health care workers increases. This would be an example of which determinant of labor demand?

A) an increase in labor productivity
B) an increase in product demand
C) a decrease in the price of another resource
D) an increase in the price of another resource

Baby Boomers

The demographic cohort following World War II, typically defined as individuals born from 1946 to 1964, characterized by a significant increase in birth rates.

Health Care Workers

Individuals employed within the healthcare industry, including doctors, nurses, therapists, and other allied health professionals.

Labor Demand

The total amount of workers that employers want to hire at a given wage rate and in a given time period, reflecting the quantity of labor firms need to produce goods and services.