The rules of the National Collegiate Athletic Association (NCAA) limit the amount of money colleges can offer to athletes to
A) assure balanced competition on collegiate athletic fields.
B) maintain high ethical standards in college sports.
C) preserve the spirit of amateurism in an age of professionalism.
D) prevent competition for star athletes from raising the price of enrolling them.
E) prevent the schools with the most profitable athletic programs from attracting more than their share of the best athletes.
Question 2
Which of the following is true?
A) Government intervention in the form of direct regulation does not involve any cost.
B) The opportunity cost of government work is the tax imposed on the society.
C) The allocation of time and talent of individuals to bureaucracy is an important cost of government.
D) The larger the size of the bureaucracy, the higher is its efficiency.
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