Solved

-The Country of Kemper Is on Its Aggregate Production Function

Question 69

Multiple Choice

  -The country of Kemper is on its aggregate production function at point W in the above figure. The government of Kemper passes a law that makes 4 years of college mandatory for all citizens. After all citizens have their education, the economy will A)  move to point such as Y. B)  remain at point W. C)  move to point such as X. D)  move to point such as Z.
-The country of Kemper is on its aggregate production function at point W in the above figure. The government of Kemper passes a law that makes 4 years of college mandatory for all citizens. After all citizens have their education, the economy will


A) move to point such as Y.
B) remain at point W.
C) move to point such as X.
D) move to point such as Z.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents