Author Question: Which of the following is not a common rationale for government involvement in education? a. ... (Read 1443 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579
Which of the following is not a common rationale for government involvement in education?
 
  a. Public education produces a positive inframarginal externality.
  b. Public provisions of education makes students into better citizens.
  c. Public financing of education is necessary on equity grounds.
   d. all of the above

Question 2

Assuming that we can properly measure ability to pay, how do we use the principle of vertical equity to determine how much someone with greater ability to pay should pay in taxes?
 
  a. By integrating it with the principle of horizontal equity.
  b. Through reference to the benefit principle.
  c. By looking at elasticities of demand for various income quintiles for the good in question.
   d. We cannot use the principle of vertical equity to answer this question.



harveenkau8139

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

d

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

For a complete list of videos, visit our video library