If improvements in education and training programs increased the productivity of persons in the labor force,
A)aggregate demand would decrease.
B)short-run aggregate supply would increase,but long-run aggregate supply would not change.
C)long-run aggregate supply would increase,but short-run aggregate supply would not change.
D)both short-run and long-run aggregate supply.

Question

Quizplus · Accepted Answer

Improvements in education and training enhance the skills and productivity of the labor force, leading to increases in both short-run and long-run aggregate supply.

If Improvements in Education and Training Programs Increased the Productivity