The most important effect of increased schooling on long run national output is that it
A) keeps teachers employed
B) prevents students from being counted as unemployed
C) increases human capital
D) delays entry into the work force
E) requires the production of more books and other supplies

Question

Quizplus · Accepted Answer

Increased schooling leads to the accumulation of human capital by the workforce, meaning that individuals have increased skills, knowledge, and abilities. This increased human capital contributes to increased productivity and output in the economy in the long run.

The Most Important Effect of Increased Schooling on Long Run