The Concept of Externalities Means That Subsidizing Education Can Be

question 231

Multiple Choice

The concept of externalities means that subsidizing education can be justified on the grounds that as a student becomes better educated, the student will

• A) earn a higher income.
• B) enhance the lives of people around the student.
• C) make contributions to the student's alma mater.
• D) none of the above

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Definitions:

Alzheimer's Disease

A degenerative brain disorder leading to memory loss, cognitive decline, and personality changes, typically affecting older adults.

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm, making them genetically unique from each other.

Identical Twins

Genetically identical siblings conceived from the same egg and sperm, sharing 100% of their DNA.

Separated Twins

Twins who have been raised apart from one another, often used in studies to understand the influence of genetics versus environment.