1. An increase in enrollment due to free education and subsidy will lead to a larger size of labor as more individuals will pursue education and enter the workforce.
2. Unemployment may initially increase as the increase in enrollment creates a larger pool of job seekers, but in the long run, it can decrease as the educated workforce contributes to economic growth and job creation.
How will an increase in enrollment in schools due to free education and subsidy affect:
1. Size of labor
2. Unemployment
Answers must be in one sentence each.
1 answer