Over the Past 40 Years, There Has Been an Increase

question 223

Multiple Choice

Over the past 40 years, there has been an increase in spending on public education without a significant increase in student performance. One explanation given by economists on why student performance has not improved is that

• A)not enough funds have been spent on public education.
• B)schools are providing high-priced services that are not valued by parents.
• C)the quantity of educational services has not increased beyond the pre-subsidy equilibrium.
• D)too much competition for educational services.

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Definitions:

Population

The total number of people or inhabitants in a specified area or country.

65 Years Old

A common age of retirement in many societies, also considered the beginning of senior citizen or elderly status.

Group of States

An alliance or collective of countries that collaborate for political, economic, or military purposes.