By Subsidizing the Provision of Public Education, the Government

question 259

Multiple Choice

By subsidizing the provision of public education, the government

• A)generates an increase in the quantity of educational services demanded.
• B)pushes the per-unit price that consumers pay for educational services below the market clearing price.
• C)pushes the per-unit price that producers of educational services receive above the market clearing price.
• D)All of the above

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Definitions:

Efferent

Referring to nerve fibers that carry impulses away from the central nervous system to effectors, such as muscles or glands.

Afferent

Pertaining to nerve fibers that carry sensory information towards the central nervous system.

Indifferent

Showing no particular interest or sympathy; apathetic or uninvolved emotionally.

Somatic Nervous System

A component of the peripheral nervous system that controls voluntary movements of the body through its control of skeletal muscles.