Which of the Following Is True of the Federal Government's

question 18

Multiple Choice

Which of the following is true of the federal government's role in education?

• A)The federal government provides roughly 25% of total school funding throughout the country.
• B)The federal government provides roughly 70% of total school funding throughout the country.
• C)The federal government's role in education was relatively small before the 1960s.
• D)The 1964 Higher Education Act devolved a lot of education policy back to the states.
• E)Pell grants remain the states' largest source of financial control over school policies.

---

Definitions:

Utility Function

A mathematical representation of how consumers rank different bundles of goods according to their level of satisfaction or utility.

Consumption

The process by which goods and services are used up by consumers.

Indifference Curves

A graphical representation showing combinations of goods or services among which a consumer is indifferent, depicting equal levels of utility.

Utility Function

A mathematical representation that assigns a level of utility or satisfaction to combinations of goods and services consumed.