.3 Suppose that you observe that the wages for accountants in your town have gone up and that the number of accountants employed has also gone up. Which one of the following conditions could explain this? Illustrate your answer with a graph and explain in a brief paragraph. a. Businesses are failing, reducing the need for accountants. b. Many accountants are leaving the field to train to become financial analysts instead. c. Arash of business scandals has increased the demand for auditing services performed by accountants. d. The local university has just graduated an unusually large group of accountants. 4. The U.S. Bureau of Labor Statistics keeps track of the average wages and number of workers involved in various occupations over time and also makes projections about what jobs may show the most growth in the future. Using data available at the bureau's Web site, www.bls.gov, try to look up information on an occupation that interests you. How does it pay, compared with other jobs? Is demand projected to rise ni the future?