Chubb and Moe Argue That by Introducing ______ in Education

question 71

Multiple Choice

Chubb and Moe argue that by introducing ______ in education, the energy, innovation, and initiative of those who teach and run schools will be unleashed, freed from a stifling and unresponsive bureaucracy.

• A)political power
• B)federal authority
• C)market forces
• D)local leadership

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Definitions:

Consolidate Securitization Entities

The process of merging off-balance sheet securitization entities into the main company's financial statements for greater transparency.

GAAP Restructuring Gains

Refers to gains reported in financial statements when a company reorganizes its operations under Generally Accepted Accounting Principles, potentially leading to improved future profitability.

Economic Gains

Increases in economic value or wealth, which can result from investment returns, business activities, or other actions that enhance financial health.

Subprime Loans

Subprime loans are offered to individuals with poor credit scores who are considered high-risk borrowers, typically featuring higher interest rates than prime loans.