Suppose that a mayor of a large city believes strongly that education provides great benefits to the community and urges the state government to provide the district with more money. An economist would say that this reflects the Mayor's belief that:
a. since teachers are overpaid, the district needs more money to hire enough teachers for its classrooms.
b. there are positive external benefits associated with education.
c. there are nontrivial external costs associated with education.
d. public schools provide a higher quality education than private schools.
Question 2
Rational expectations theory would imply that the graphical relationship between unemployment and inflation indicated by the Phillips curve is ____ in the short-run.
a. vertical
b. positively sloped
c. negatively sloped
d. horizontal
Small and large intestines
Percentages of adolescents indicating Benefits and Costs of employment.
A diploma or certificate is proof of education completed.
Apply light effleurage around abdomen in a large circle with the palm of a flat hand.
Large Intestine Anatomy