One Efficiency-Based Argument in Favour of Government Subsidies for Post-Secondary

question 22

Multiple Choice

One efficiency-based argument in favour of government subsidies for post-secondary education is that

• A)the subsidy is essentially a transfer from lower-income,non-university-trained taxpayers to potentially higher-income-earning university students.
• B)there are positive externalities involved in the consumption of education.
• C)relative to the federal contribution,the provincial contribution to higher education is too low.
• D)they would encourage people not to seek employment.
• E)very few benefits from an individual's education accrue to society as a whole.

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