8. Factors that influence standard of livingWhich of the following government policies is least likely to increase the standard of living in the United States?O Investment in technologyRaising the minimum wage paid to workersO Investment in education and skills training for workersO Investment in tools and capital for workers

When the government invests in technology, education to increase skills and create capital…

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8. Factors that influence standard of living

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

8. Factors that influence standard of living
Which of the following government policies is least likely to increase the standard of living in the United States?
O Investment in technology
Raising the minimum wage paid to workers
O Investment in education and skills training for workers
O Investment in tools and capital for workers

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