The state of Georgia offers free college tuition to high school students with a "B" average. In 2007, the state raised the requirement so that fewer students qualified for the scholarship. At the same time, Georgia increased state spending on health care. Suppose that college education is on the vertical axis and health care is on the horizontal axis of a PPF. Georgia's change in spending would be shown as
A) a movement down along the PPF
B) a movement up along the PPF
C) a shift in of the PPF.
D) a shift out of the PPF
Correct Answer:
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Q353: In markets, peopleʹs decisions are coordinated by
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A) households sell to firms.
