Solved

-The Country of Kemper Is on Its Aggregate Production Function

Question 107

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