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Unformatted text preview: employment? Illustrate your answer with a graph. 3. How would each of the following affect the current level of full-employment output? Explain. (a) A large number of immigrants enter the country. (b) Energy supplies become depleted. (c) New teaching techniques improve the educational performance of high school seniors. (d) A new law mandates the shutdown of some unsafe forms of capital. 1...
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This note was uploaded on 01/27/2010 for the course ECON 342 taught by Professor Mcleod during the Spring '09 term at Pennsylvania State University, University Park.
- Spring '09