Limited access

Upgrade to access all content for this subject

Suppose a country undertakes a new ten-year endeavor to provide technical or university training to all high school students earning a C or better in school and to fund it with prior budget surpluses. Which of the following statements are true?

I. Aggregate demand will increase.
II. Long-run aggregate supply will not be affected.
III. Real GDP would likely increase by the end of the ten-year program.


I only.


II only.


III only.


I and II only.


I and III only.

Select an assignment template