Government Subsidized Scholarships Are an Example of a Government Policy

question 75

True/False

Government subsidized scholarships are an example of a government policy aimed at correcting negative externalities associated with education.

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Definitions:

Double

An increase by 100% or a factor of two in a particular measure or quantity.

Discount Rate

The interest rate used to discount future cash flows of a financial instrument to present value.

Redeemed

Redeemed refers to the action of exchanging a financial instrument, such as a bond or preferred stock, for cash or another form of value, often at its maturity or a predetermined price.

Bond

A promissory note issued by a business or a governmental unit.