The government begins to provide free secondary school education. Which input in the production function changes, and what is the effect on economic growth in the country?
A) Human capital is enhanced, and economic growth is positively affected.
B) The capital stock decreases, and economic growth is negatively affected.
C) The capital stock increases, and economic growth is positively affected.
D) Technological advance occurs, and economic growth occurs.
Correct Answer:
Verified
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Q52: The government begins taxing savings in banks.
Q53: The government removes an existing investment tax
Q55: The government begins to provide free primary
Q56: The government enacts regulation to institute enforceable
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