As a country devotes more of its resources to education, we can expect output to stay constant for all time.

Question

Quizplus · Accepted Answer

While investing in education can lead to long-term economic benefits, it may not necessarily result in constant output for all time. Factors such as shifts in global and domestic demand, changes in technology and natural disasters can have significant impacts on a country's output regardless of its level of investment in education.

As a Country Devotes More of Its Resources to Education