As a Country Devotes More of Its Resources to Education

question 8

Multiple Choice

As a country devotes more of its resources to education, we can expect:

• A) output to stay constant for all time
• B) output to fall in the short run but rise in the long run
• C) output to rise in the short run but fall in the long run
• D) output to rise in the short and long run
• E) higher rates of inflation

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Definitions:

South Asia

A region in Asia comprising countries like India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, and Maldives, known for its cultural diversity and history.

Latin America

A region comprising countries in the Americas where Romance languages (primarily Spanish and Portuguese) are spoken, including parts of North, Central, and South America, and the Caribbean.

Classify Objects

The act of organizing objects, ideas, or information into categories based on shared characteristics or criteria.

Pretend Play

Play involving imaginary people and situations; also called fantasy play, dramatic play, or imaginative play.