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If Education Results in External Benefits,the Government Could Subsidize Education

question 82

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If education results in external benefits,the government could subsidize education to lead the market to an inefficient level of output.


Definitions:

Random Sample

A subset of individuals chosen from a larger set or population, where each individual has an equal chance of being selected.

Proportional Sample

A sampling method in statistical research where the sample size from each subgroup is proportional to the overall proportions of those subgroups in the total population.

Representative Sample

A segment of a population that accurately represents the attributes of the total population.

Random Sample

A sampling method where each member of a population has an equal chance of being included in the sample, reducing bias and increasing the generalizability of results.

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