All Else Equal,the Social Rate of Return to Education Will

question 19

Multiple Choice

All else equal,the social rate of return to education will be lower than the private return if:

• A)there are external benefits to education
• B)the social return correctly calculates benefits using after-tax values
• C)the social return correctly calculates costs by including education subsidies
• D)more educated workers have lower crime rates and unemployment rates

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Definitions:

Health Savings Account

An account that allows individuals with high-deductible health plans to save money pre-tax for use on qualified medical expenses.

Blake and Mouton

A reference to Robert R. Blake and Jane Mouton, creators of the Managerial Grid Model that identifies various leadership styles based on concern for people and concern for production.

Leadership Grid

A model that conceptualizes leadership styles based on varying degrees of concern for people and production, aiming to identify the most effective approach.

Barista

A person who is trained in the preparation and serving of coffee and coffee-based drinks, often working in a coffee shop.