Questions 13-15: For each question, find how this economic event affects growth of the U.S. economy (whether it grows/shrinks/is unaffected) by affecting which component of the production function (technology, physical capital, human capital, labor force, natural resources). 15. Due to lower-than-expected tax revenues (due to tax cuts and the recession), many states are forced to slash spending on higher education. U.S. economy - Choose among: (1) grows, (2) shrinks, (3) is unaffected Which component - Choose among: (1) technology, (2) physical capital, (3) human capital, (4) labor force, (5) natural resources, (6) none (no effect on growth)