How will each of the following affect the current level of full employment output? Explain a) A large number of immigrants enter the country. b) Energy supplies become depleted. c) New teaching techniques improve the educational performance of high school seniors d) A new law mandates the shutdown of some unsafe forms of capital.

How will each of the following affect the current level of full employment output? Explain a) A large number of immigrants enter the country. b) Energy supplies become depleted. c) New teaching techniques improve the educational performance of high school seniors d) A new law mandates the shutdown of some unsafe forms of capital.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations

Section: Chapter Questions

Problem 7P

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