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Economic management — Question 26

Original QCE Vault practice · 1 mark

Q26 · Practice questionComplex familiar1 mark

QUESTION 26

A successful skills program raises the productivity of workers. Its main long-term supply-side effect is

(A)
a compulsory fall in household income.
(B)
a permanent reduction in the labour force.
(C)
an increase in productive capacity.
(D)
an increase in inflation with no output effect.
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