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Refer to Figure 16

Question 102

Multiple Choice

Refer to Figure 16.4.If the economy is initially in equilibrium at P<sub>3</sub> and Q<sub>1</sub>,the appropriate policy to move the economy to an equilibrium at P<sub>1</sub> and Q<sub>2</sub> would be to A) Increase the investment in human capital. B) Increase government regulation. C) Increase the marginal tax rate. D) Increase the minimum wage rate. Refer to Figure 16.4.If the economy is initially in equilibrium at P3 and Q1,the appropriate policy to move the economy to an equilibrium at P1 and Q2 would be to


A) Increase the investment in human capital.
B) Increase government regulation.
C) Increase the marginal tax rate.
D) Increase the minimum wage rate.

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