Examlex
The Summerhill School District is located far from a major urban area. The school district is struggling to recruit young graduates from education programs to work in a rural setting. As a result, the school board is proposing to hire people with university degrees who are interested in changing to a teaching career. As a recruiting tool, the board plans to pay for individuals' training to become certified teachers and for continuing education toward a master's degree in education. Which of the following terms is used to describe the kind of program the school board is proposing?
Limited and Bundled Choice
An offering strategy where consumers are provided with a restricted set of options combined as packages, simplifying the decision-making process.
Public Choice Theory
Public Choice Theory is an economic framework that applies the principles and methods of economics to the analysis of political behavior, focusing on how public decisions are made.
Special-Interest Effect
The impact of a small, concentrated interest group on policy-making, often at the expense of broader public interest.
Principal-Agent Problem
A dilemma in economics where one party (the agent) is expected to act in the best interest of another (the principal) but may not do so due to conflicting interests.
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