President Obama has proposed a goal that everyone complete at least one year of formal education or training beyond high school. This policy would ________ the production of current consumption goods and services and ________ the future production of consumption goods and services.

Question

Quizplus · Accepted Answer

This policy would temporarily decrease the production of current consumption goods and services because more people would be in education or training rather than working. However, it would increase the future production of consumption goods and services due to a more educated and skilled workforce.

President Obama Has Proposed a Goal That Everyone Complete at Least