Most Governments Subsidize Basic Education Because

question 387

Multiple Choice

Most governments subsidize basic education because

• A) there are external costs associated with well educated citizens.
• B) the marginal social benefit of education is greater than the marginal private benefit.
• C) of the existence of private schools.
• D) people do not value education enough.

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Productivity

The efficiency of production of goods or services, measured by the output per unit of input.

Racial Harassment

Unwanted conduct related to a person's race or ethnicity that violates their dignity or creates an intimidating, hostile, degrading, humiliating, or offensive environment.

Employee-Centric

An organizational strategy that places the well-being and development of employees at the center of business priorities.

Absenteeism

The habitual non-attendance of an employee at their job without valid reason.