Which of the Following Is a Sound Economic Reason Why

question 123

Multiple Choice

Which of the following is a sound economic reason why the government should subsidize your college education?

• A)To help the school's monopoly power over private schools.
• B)It is too expensive.
• C)Third parties,other than yourself,benefit from you being educated.
• D)The profit motive would cause the private sector to overproduce education.

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Definitions:

Performance Goals

Objectives set to achieve specific standards of competence, often in comparison with others or with previous personal achievements.

Mastery Goal

An aim to fully understand or master a skill or subject, rather than merely to achieve a good grade or outperform others.

Public Awareness

The level of knowledge, consciousness, or acknowledgement among the general public about an issue.

Cross-Cultural Researchers

Scientists who study the similarities and differences in behavior, traditions, and psychology across different cultures.