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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

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.
LFPR by gender 15-64 Data Source Country Name Indicator Name 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2090 Afghanistan AFG LFPR, female (% of female population ages 15-64) 15.66 15.74 15.78 15.77 15.75 15.78 15,58 15,40 15,27 15,19 15,15 AFG LFPR, male (% of male population ages 15-64) 80.71 80.66 80.57 80.46 80.33 80.16 80.14 80.15 80.16 80.18 80,20 AGO LFPR, female (% of female population ages 15-64) 76.74 76.69 76.66 76.68 76.64 76.58 76,55 76,54 76,53 76,52 76,49 Angol AGO LFPR, male (% of male population ages 15-64) 80.22 80.26 80.34 80.58 80.52 80.31 80.21 80.10 79,96 79,81 79.63 ALB LFPR, female (% of female population ages 15-64) 58,57 61,28 61,80 60.88 60.07 58.92 58.24 59.11 58.45 57.55 57,04 ALB LFPR, male (% of male population ages 15-64) 77.74 77,89 77.88 77.92 77.80 77.50 77.68 78.04 78.19 78.22 78.23 ARE LFPR, female (% of female population ages 15-64) 28,85 29,62 30.28 31.18 31.59 31.95 32.24 32.67 33,22 33,86 34,51 ARE LFPR, male (% of male population ages 15-64) 91,07 91,03 91,33 91,91 92.44 92.94 92.09 91.64 91,61 91,92 92,35 ARG LFPR, female (% of female population ages 15-64) 51,98 52,85 53.65 54.53 35.19 34.96 35.64 36.61 37.18 56,99 57,06 Argentina ARG LFPR, male (%% of male population ages 15-64) 82,49 82,31 82,06 81,80 81.56 81.26 81.21 81.30 81.39 81,44 81.53 LFPR, female (% of female population ages 15-64) 52,19 52,48 52,75 53,00 53,20 53,33 53.33 53.28 53,19 53,10 53,04 Armenia ARM LFPR, male (% of male population ages 15-64) 72,75 72,95 73,09 73,13 73,08 72.92 72.57 72.16 71.71 71,24 70,79 AUS LFPR, female (% of female population ages 15-64) 61,90 61,65 61,77 61,65 62,82 64,06 64.33 64,11 64.21 64,24 65,33 AUS LFPR, male (% of male population ages 15-64) 85,08 84,21 83,76 83,45 83,56 83,87 83,77 83.18 82.96 82.60 82,44 Austria AUT LFPR, female (% of female population ages 15-64) 55,23 56,01 57,72 58,49 61,17 62.28 61,76 61.68 62,22 62,41 62,34 AUT LFPR, male (% of male population ages 15-64) 80,16 80,40 80,61 80,46 80,51 80,71 80.28 79,73 79.81 80,06 79,82 AZE LFPR, female (% of female population ages 15-64) 56,12 56,32 57,35 58,67 59,99 60,90 61,08 61,02 60,36 60,63 61,09 AZE LFPR, male (%% of male population ages 15-64) 73,29 73,53 74,31 74,94 75,32 75,49 75,56 75.55 75,47 75,36 74,91 BDI LFPR, female (% of female population ages 15-64) 91,83 91,42 90,94 90,38 89,76 89,07 88,37 87,59 86,72 86,09 85,40 BDI LFPR, male (% of male population ages 15-64) 90,91 90,44 89,88 89,21 88,45 87,61 86,87 86,06 85,15 84,30 83,39 Belgium BEL LFPR, female (% of female population ages 15-64) 46,23 48,19 49,29 50,27 51,23 51,82 52,09 52,87 53,76 55,90 56,50 Belgium BEL LFPR, male (% of male population ages 15-64) 71,27 71,86 71,65 71,24 72,08 72,39 72,33 72,29 72,53 73,10 73,81 BEN LFPR, female (% of female population ages 15-64) 58,74 58,73 58,73 59,58 60,43 61,27 62,09 62,91 63,71 64,49 65,27 LFPR, male (% of male population ages 15-64) 89,61 89,61 89,56 88,72 87,83 86,90 85,90 84,85 83,74 82,58 81,38 Burkina Faso BFA LFPR, female (% of female population ages 15-64) 79,11 79,07 78,19 77 28 76,32 75,34 74,33 73,29 72,21 71,11 69,97 Burkina Faso BFA LFPR, male (% of male population ages 15-64) LFPR, female (% of female population ages 15-64) LFPR, male (% of male population ages 15-64) BGR LFPR, female (% of female population ages 15-64) Bulgaria BGR LFPR, male (% of male population ages 15-64) 71,55 71.57 71.58 70.97 70.36 69.76 69.24 68.72 68.17 67,50 66,68 Bahrain LFPR, female (% of female population ages 15-64) 30.39 30,09 30.72 31.43 32.20 32.98 33.56 34.13 34,74 35,44 36,23 Bahrain LFPR, male (% of male population ages 15-64) 89.56 89.02 88.82 88 85 89.03 89.27 88.67 88,20 87,97 87,98 88,15 BHS LFPR, female (% of female population ages 15-64) 68,72 69.65 70.60 71.54 72.42 72.71 72.90 72.89 73.14 73,60 73,79 BHS LFPR, male (% of male population ages 15-64) 81,91 82.96 83.98 84.93 85.72 85.71 85.69 85.65 85,37 84,97 84,82 BIH LFPR, female (% of female population ages 15-64) 39.05 39.19 39.23 39.18 39.11 38.99 38.98 39.01 39.01 38,97 38,99 Bosnia and Herzegovina BIH LFPR, male (% of male population ages 15-64) 63.04 63,07 63,18 63.33 63.44 63.53 63.62 63,63 63,66 63,76 63,86 Belarus BLR LFPR, female (% of female population ages 15-64) 64,49 64,56 64,60 64,73 64.93 65.20 65.42 65.56 65,36 65,99 66,70 BLR LFPR, male (% of male population ages 15-64) 74,03 73,97 74.04 74.18 74.29 7433 74.27 74.09 73.91 73,82 74,08 Belize BLZ LFPR, female (% of female population ages 15-64) 36,35 37,09 37,95 38 23 37.83 38.00 38.27 39.24 40,23 41,27 42,36 Belize BLZ LFPR, male (% of male population ages 15-64) 84,70 84,33 83,88 83,73 83,93 84.27 84,42 84.21 84,07 84,02 84,06 Bolivia BOL LFPR, female (% of female population ages 15-64) 58,66 59,00 59,04 59,35 59,71 60.09 60.41 60,80 61.03 61,26 61,47 Bolivia LFPR, male (% of male population ages 15-64) 83,37 83,45 83,31 83,34 83,40 83.50 83.57 83.68 83.60 83,47 83,28 Brazil BRA LFPR, female (% of female population ages 15-64) 14,59 44,87 46,31 47,75 49,19 50,62 49.54 50.49 51.43 52,78 53,88 Brazil BRA LFPR, male (% of male population ages 15-64) 86,52 86,49 86,06 85,60 85,11 84,59 82,78 83,29 82,78 82,67 82,09 BRB LFPR, female (% of female population ages 15-64) 71,75 70,96 71,82 72,94 73,92 75,14 76,13 75,20 75,15 75,08 75,02 85,46 82,88 84,22 85,04 85,67 86,37 84.34 85,40 85,20 84,96 84,71 BRN LFPR, female (% of female population ages 15-64) 47,74 48,02 48,98 50,01 51,13 52,35 53,27 54,30 55,45 56,64 57,79 Brunei Darussalam BRN LFPR, male (% of male population ages 15-64) 83,83 83,75 83,44 83,23 83,10 83,03 82,76 82,56 82,42 82,33 82,22 Bhutan LFPR, female (% of female population ages 15-64) 61,92 61,51 61,13 60,76 60,38 59,99 60,36 60,89 61,53 62,27 63,10 BTN LFPR, male (% of male population ages 15-64) 81,90 81,49 81,05 80,58 80,09 79,58 79,24 78,92 78,63 78,35 78,09 BWA LFPR, female (% of female population ages 15-64) 49,78 49,97 50,19 50,42 50,67 50.95 51,17 51,41 51,75 51,48 51,21 BWA LFPR, male (% of male population ages 15-64) 76,71 76,23 75,86 75,49 75,02 74,41 73,96 73,35 72,83 71,00 68,97 CAF LFPR, female (% of female population ages 15-64) 56,77 66,75 66,78 66,80 66,82 66,82 66,82 66,76 66,72 66,69 66,72 Central African Republic CA LFPR, male (% of male population ages 15-64) 80,91 80,91 80,94 80,88 80,75 80,55 80,56 80,45 80,31 80,15 80,04 LFPR, female (% of female population ages 15-64) 68,38 68.54 67.96 67,83 67.76 67.78 67,81 68,22 69,03 69,74 70,35 LFPR, male (% of male population ages 15-64) 84,95 83,92 82,74 82,39 82,10 81,55 81,32 81,49 81,42 81,89 81,94 CHI LFPR, female (% of female population ages 15-64) 69.00 68,62 69.81 69.98 68,99 68,93 70,30 70,68 71,99 72,38 71,78 Switzerland CHE LFPR, male (% of male population ages 15-64) 90.64 91.08 90.95 91.01 89.92 90.15 90,08 89,84 90,06 89.68 89,30 CHI LFPR, female (% of female population ages 15-64) 56,57 56.53 56.75 57.29 58.41 58,42 58.15 58,62 59,40 60,45 60,77 CH LFPR, male (% of male population ages 15-64) 81.21 81.58 81.66 81,86 81,75 81,83 81,93 81,80 81,69 81,36 81,22 Chile CHL LFPR, female (% of female population ages 15-64) 35.82 36,55 37.57 38 29 38.90 39.82 40.60 41,78 42,17 42,46 42,42 Chile CHL LFPR, male (% of male population ages 15-64) 81.15 81.30 81.45 81.49 81.50 81.56 81,58 81,20 81,18 81,21 80.07 China LFPR, female (% of female population ages 15-64) 79.39 79.26 79.13 79.00 78.84 78.64 78.41 78.14 77,80 77,39 76,92 China CHN LFPR, male (% of male population ages 15-64) 88,79 88,80 88,86 88.94 89.00 88.99 88.94 88,82 88,63 88,34 87.95 CIV LFPR, female (% of female population ages 15-64) 48,93 48,94 48,96 49.01 49.06 49.08 49.03 49.02 49.01 48,98 48,95 CIV LFPR, male (% of male population ages 15-64) 84.68 84.51 84.23 83,89 83.51 83.02 82.83 82.69 82,51 81,80 81,09 CMR LFPR, female (% of female population ages 15-64) LFPR, male (% of male population ages 15-64) 88,50 88,60 88,63 88.63 88,49 88 26 8808 87,83 87,51 87,18 86,84 Congo, Dem. Rep. LFPR, female (% of female population ages 15-64) 71,40 71,42 71,46 71,51 71 52 71.51 71.49 71.49 71,47 71,48 71,50 Congo, Dem. Rep COD LFPR, male (% of male population ages 15-64) 70,94 71,33 71,73 72,14 72,29 72.26 72.45 72.62 72.64 72.67 72,75 Congo, Rep. COG LFPR, female (% of female population ages 15-64) 66,33 66,32 66,32 66,36 66,45 66.52 66.59 66.71 66.84 67,02 67,17 Congo, Rep. COG LFPR, male (% of male population ages 15-64) 72,38 72,07 71,73 71,47 71.34 71,11 70.94 70.92 70.89 71.01 70,97 Colombia COL LFPR, female (% of female population ages 15-64) 53,40 53,73 54,20 54,77 55,39 55,97 56,26 56,72 56,93 56,68 57,10 COL 86,19 86,30 86,42 86,54 86,64 86,70 86.64 86.61 86,46 86,14 86,10 COM COM LFPR, female (% of female population ages 15-64) 31,98 32,03 32,04 32,10 32,25 32,36 32.49 32.60 32.75 32,92 33,08 LFPR, male (% of male population ages 15-64) 54,09 54,42 54,22 54,13 54,25 53,98 53,84 53,47 53,15 52,77 52,09 Cabo Verde LFPR, female (% of female population ages 15-64) 45,01 45,30 45,60 45,92 46,24 46,54 46,80 47,03 47,24 47,43 47,63 Cabo Verde CPV 87,43 86,86 86,29 85,70 85,06 84,33 83,53 82,62 81,61 80,55 79,47 CRI LFPR, female (% of female population ages 15-64) 35,33 36,09 35,58 36,56 37,88 38,85 37,31 40,58 43,17 43,40 41,84 CRI LFPR, male (" of male population ages 15-64) 87,28 86,15 85,49 86,02 85,75 86,69 84,46 85,55 86,39 85,13 84,63 CUB LFPR, female (% of female population ages 15-64) 41,93 41,81 41,84 41,95 42,05 42,03 41,69 41,58 41,74 41,58 41,65 CUB LFPR, male (2% of male population ages 15-64) 71,64 72,32 73,06 73,81 74,44 74,92 75,49 75,66 75,52 75,54 75,49 LFPR, female (% of female population ages 15-64) 53,33 53,83 54,71 53,86 55,62 54,61 54,97 56,86 56,54 56,49 57,42 Cyprus CYP LFPR, male (% of male population ages 15-64) 80,89 81,10 80,09 81,04 80.17 80.58 80.69 79,46 79,20 79,36 79,15 Czech Republic CZE LFPR, female (% of female population ages 15-64) 63,56 63,80 63,93 64,02 64,43 64,04 63,42 63,28 63,62 63,92 63,61 Czech Republic CZE LFPR, male (% of male population ages 15-64) 79,97 80,40 80.39 80.39 80 39 80,46 80,44 79,52 79,40 79,43 78,76 DEU LFPR, female (% of female population ages 15-64) 57.77 61,49 61.35 60.78 61.58 61,48 61.54 62.14 62,50 63,28 63,50 Germany LFPR, male (% of male population ages 15-64) DJ LFPR, female (% of female population ages 15-64) 47.74 47.69 47.76 47.94 48,08 48.18 48,38 48,52 48,64 48,77 48,97 Djibouti DJ LFPR, male (% of male population ages 15-64) 83.05 83,05 82.72 82.23 81.70 81.45 81.11 81,00 80,99 80,78 80,31 DNK LFPR, female (% of female population ages 15-64) 77.61 78,07 78.20 77.39 73.33 73 30 73 36 73.89 74,77 75,52 75,41 DNK 87.07 86.38 85.76 84.87 83.93 85.63 85.46 85.64 83,87 85,45 84.17 Dominican Republic DOM LFPR, female (% of female population ages 15-64) 37.36 37.28 38,42 39.11 39.24 39.75 40,32 41,26 41,96 42,57 43,03 Dominican Republic LFPR, male (%% of male population ages 15-64)

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