Because There Are Positive Externalities from Higher Education

question 4

Multiple Choice

Because there are positive externalities from higher education,

• A) private markets would provide too little of it.
• B) private markets would provide too much of it.
• C) the government should impose a tax on university students.
• D) the government should impose a tax on students' families.

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Definitions:

External Jugular Vein

A vein located on each side of the neck that drains blood from the head, neck, and upper chest area into the superior vena cava.

Subclavian Vein

A large vein located under the collarbone (clavicle) that drains blood from the upper extremities back to the heart.

Pulmonary Vein

The blood vessels that carry oxygenated blood from the lungs back to the left atrium of the heart.

Left Atrium

One of the four chambers of the heart, receiving oxygen-rich blood from the lungs and pumping it into the left ventricle.