If Education Produces Positive Externalities, We Would Expect

question 243

Multiple Choice

If education produces positive externalities, we would expect

• A)the government to tax education.
• B)the government to subsidize education.
• C)people to realize the benefits, which would increase the demand for education.
• D)colleges to relax admission requirements.

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Definitions:

Unfair Labour Practices

Actions by employers or unions that violate the rights of employees or the organization's own rules, often relating to the regulation and management of labor relations.

Employment Relations

The relationship between employers and employees, including the rights, duties, and obligations they owe each other.

Legislation

Laws and statutes enacted by a government's legislative body to regulate, authorize, sanction, grant, declare, or restrict various activities and conduct.

Union Certified

A status indicating that a labor union has been officially recognized as the representative of workers in a particular workplace or sector.