As the U.S.economy relies more and more heavily on the production of services rather than goods,
A)GDP will decrease since there will be less real production.
B)International trade will become more difficult.
C)Mass unemployment will result.
D)Nearly all future job growth will be in service-producing industries.

Question

Quizplus · Accepted Answer

As the economy moves towards service production, the majority of job growth is expected to be in service-producing industries. This has already been reflected in recent job growth data, where service sector jobs have outpaced manufacturing jobs. However, it is important to note that the overall GDP may not necessarily decrease, as the value of certain services may be higher than that of certain goods.

As the USeconomy Relies More and More Heavily on the Production of Production