What Is One of the Problems Related to Local Control

question 5

Multiple Choice

What is one of the problems related to local control of public schools identified in the chapter?

• A) Schools are funded with state taxes, so local control means some taxpayers have no say in how their money is spent.
• B) Schools are funded with federal taxes, so local control means some taxpayers have no say in how their money is spent.
• C) Schools are funded with local taxes, so wealthier areas have better schools than poorer ones.
• D) Schools are funded with local taxes, so poorer areas have better schools than they deserve.

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Definitions:

Alpha

A performance measure indicating the excess return of an investment relative to the return of a benchmark index or risk-free rate.

Risk-Free Rate

The return on an investment with no risk of financial loss, often represented by government bonds.

Annualized Return

A rate of return that standardizes an investment's earnings to a one-year period, making comparison with other investments easier.

Holding Period

The length of time an investment is held by an investor before being sold.