Author Question: When state universities charge higher tuition fees to out-of-state students than to local students, ... (Read 114 times)

Jramos095

  • Hero Member
  • *****
  • Posts: 528
When state universities charge higher tuition fees to out-of-state students than to local students, the universities are practicing
 
  A) first-degree discrimination.
  B) second-degree discrimination.
  C) third-degree discrimination.
  D) fourth-degree discrimination.

Question 2

Give two reasons why Social Security is compulsory for most workers.
 
  What will be an ideal response?



Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

C

Answer to Question 2

Since the Social Security program redistributes resources as well as provides insurance, it makes sense that it is compulsory for two reasons. First, the redistributive nature of the program makes it a bad deal for high-income workers who would likely opt out of the system if they were able to. This is called the adverse selection problem. Second, the pay-as-you-go nature of the program requires a regular influx of new contributors, thus new workers need to be forced to enter into the system as it needs their contributions.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

For a complete list of videos, visit our video library