An improvement in the infrastructure of a country,ceteris paribus,should result in a lower price level and increased employment.

Question

Quizplus · Accepted Answer

Improvements in infrastructure can lead to greater efficiency and productivity, which can lower the cost of goods and services. This can help to decrease the overall price level in the economy. Additionally, infrastructure projects often require significant manpower, leading to increased employment opportunities.

An Improvement in the Infrastructure of a Country,ceteris Paribus,should Result