Author Question: Which of the following is a negative externality connected to attending college? A) The fact that ... (Read 54 times)

crobinson2013 · **on:** Jul 1, 2018

Which of the following is a negative externality connected to attending college?

A) The fact that completion of a college degree acts as a signaling mechanism to employers.
B) The fact that other costs, such as books and materials, are incurred in addition to tuition and fees.
C) The fact that your college has required that all individuals living in student housing either get or show they have already obtained vaccinations against all communicable diseases.
D) The fact that the people in the next room play loud music at hours you want to sleep.
E) The fact that you will get benefits from college that you don't currently anticipate.

Question 2

Refer to Figure 14.2. The income effect of the wage decrease on the amount of hours of leisure is:

A) L0 to L1.
B) L0 to L2.
C) L1 to L2.
D) L2 to L1.
E) none of the above