All U.S. states require children to attend school. Mandatory school attendance ends at ages 1618, depending on
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All U.S. states require children to attend school. Mandatory school attendance ends at ages 16–18, depending on the state. The adult literacy rate in North America was 100% in 2020. Discuss how compulsory education impacts labor productivity, the aggregate production function, and overall economic growth.
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Answer Compulsory education which mandates that children attend school for a specified number of years has significant implications for labor producti...View the full answer
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Related Book For
Principles Of Economics
ISBN: 9781319330156,9781319419769
2nd Edition
Authors: Betsey Stevenson, Justin Wolfers
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