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Len [333]
1 year ago
8

Suppose pennsylvania produces only steel and barley, with fixed amounts of land, labor, and capital resources. which scenario be

st sets the stage for economic growth?
Business
1 answer:
marshall27 [118]1 year ago
3 0

The scenario that best sets the stage for economic growth is The percentage of Pennsylvania residents with a college degree rises from 25% to 30%.

<h3>What would lead to economic growth?</h3>

There are several things that can lead to economic growth and one of them is the increase in the quality of human capital.

If human capital in a place are able to become more educated and skilled in production, then there would be a good chance of production improving and economic growth coming. This is why a greater percentage of  Pennsylvania residents having college degrees would lead to economic growth.

Options for this question include:

  • The unemployment rate in Pennsylvania rises from 5% to 6%.
  • The percentage of Pennsylvania residents with a college degree rises from 25% to 30%.
  • The United States imports more and more low-cost steel from Asian countries.
  • The Northeast has a devastating drought.

Find out more on factors affecting economic growth at brainly.com/question/14938585

#SPJ1

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