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What happens in an economy that decides to double the number of college graduates this year? Question content area bottom Part 1 The economy will
What happens in an economy that decides to double the number of college graduates this year? Question content area bottom Part 1 The economy will ______. A. experience an inward shift of the PPF today because the opportunity cost of an increase in human capital next year is a decrease in physical capital this year B. experience less consumption this year but increased consumption next year as the economy moves along its PPF C. expand its production possibilities next year with no opportunity cost this year and scarcity will remain D. experience economic growth next year because the increase in human capital will shift the PPF outward next year but at a cost of less consumption this year
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