Explain how a major new skills training program would affect the labour market and real GDP in the economy. Consider whether labour supply or demand would be affected and whether labour productivity would change and how would this affect the production function and real GDP. You may use an answer more than once.

A new skills program would cause labour productivity to _______________ .	Answer 1Choose...
In the labour market, a new skills program would cause the _________________ curve to shift to the right	Answer 2Choose..remain unchanged, shift downwards, shift upwards, increase, decrease, supply, demand
A new skills program would cause the production function to ____________ .	Answer 3Choose..remain unchanged, shift downwards, shift upwards, increase, decrease, supply, demand
A new skills program would cause the real wage to _______________ .	Answer 4Choose...remain unchanged, shift downwards, shift upwards, increase, decrease, supply, demand
A new skills program would cause the standard of living (GDP per person) to ___________________ .	remain unchanged, shift downwards, shift upwards, increase, decrease, supply, demand