President Obama announced a proposal to make community

President Obama announced a proposal to make community

Question # 00155420 Posted By: kimwood Updated on: 12/19/2015 01:09 AM Due on: 01/18/2016
Subject Economics Topic General Economics Tutorials:
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On January 9, 2015, President Obama announced a proposal to make community college free for all students. What would be the benefit to the economy as a whole resulting from this change? Of the four factors of production (land, labor, capital, and entrepreneurship), which factor would be enhanced by such a program? What would happen to the supply of college-educated labor? Would the demand for college-educated workers change? If so, what changes might occur?
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  1. kimwood
    Tutorial # 00149980 Posted By: kimwood Posted on: 12/19/2015 01:09 AM
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    will increase. This will improve their production capacity and they ...
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