By intent, education increases the productivity of labor. Suppose a country institutes effective public education so that
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Question:
By intent, education increases the productivity of labor. Suppose a country institutes effective public education so that the literacy and numerous rates within the country increase dramatically.
a.Thinking only in terms of a single firm's situation, discuss the consequences for the firm's hiring decisions.
b.In the general labor market, discuss the consequences of effective consequencesand how they feedback into firm decisions.
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