The Experience of the Soviet Union Proves That Higher Education

question 23

Multiple Choice

The experience of the Soviet Union proves that higher education

• A)always leads to productivity increases.
• B)always raises per capita GDP growth.
• C)has different effects.
• D)has positive effects.

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Definitions:

Investment Decisions

The process of choosing where to allocate resources among various options to generate returns over a certain period.

Output

The quantity of goods or services produced in a given time period by a firm, industry, or country.

Opportunity Cost

The value of the best alternative forgone when a choice is made between competing options.

Additional Project

An extra task or plan of action that is undertaken to achieve a specific goal or objective.