Multiple Choice
The state of Georgia offers free college tuition to high school students with a ʺBʺ 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. Georgiaʹs change in spending would be shown as
A) a shift in of the PPF.
B) a movement down along the PPF
C) a shift out of the PPF
D) a movement up along the PPF
Correct Answer:
Verified
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