Use the Following Figure to Answer the Questions : Figure

question 30

Multiple Choice

Use the following figure to answer the questions : Figure : 5-5 shows a family's preferences toward schooling,before and after a fixed-quantity subsidy.

-Prior to the subsidy,the family is in equilibrium at point J.Assume that public schooling cannot be supplemented with private tutoring.Refer to Figure 5-5.Suppose the government offers education vouchers of value $B0 instead of a fixed-quantity subsidy.The budget line will become _____.

• A)MATN
• B)AS
• C)MN
• D)MAS

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Definitions:

Social Dominance Theory

The theory that large societies create hierarchies and that people tend to endorse beliefs thatlegitimatize that hierarchy.

Mortality

The state of being subject to death; the opposite of immortality.

Higher Entitativity

A perception of a group as being a cohesive and unified entity, based on similarities among its members or the strength of their shared identity.

Lower Self-Esteem

A condition where an individual holds a diminished or negative view of their own worth or abilities.