All of the Following Are Examples of Market Failure in Providing

question 4

Multiple Choice

All of the following are examples of market failure in providing education and require government intervention except:

• A) Education generates positive externalities
• B) If schooling choices are liquidity constrained
• C) If households have perfect information about the costs and benefits of schooling
• D) If education is considered vital for achieving poverty reduction

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Definitions:

Self-Evaluation

A performance evaluation done by the employee being evaluated, generally on an evaluation form completed by the employee prior to the performance interview

Performance Review Meeting

A scheduled meeting between an employee and their supervisor to discuss the employee's job performance, goals, and development needs.

Balanced Scorecard Approach

A strategic planning and management system that organizations use to align business activities to the vision and strategy, improve internal and external communications, and monitor organizational performance.

360-Degree Evaluation

A performance evaluation done by different people who interact with the employee, generally on forms compiled into a single profile for use in the evaluation meeting conducted by the employee’s manager.