Suppose That Elementary Education Creates a Positive Externality

question 323

Multiple Choice

Suppose that elementary education creates a positive externality. If the government does not subsidize education, then

• A)the equilibrium quantity of education will be equal to the socially optimal quantity of education.
• B)the equilibrium quantity of education will be greater than the socially optimal quantity of education.
• C)the equilibrium quantity of education will be less than the socially optimal quantity of education.
• D)There is not enough information to answer the question.

Understand the definitions and distinctions among types of citizenship: political, civil, social, and universal citizenship.

Recognize the characteristics, breadth, goals, and potential for globalization of new social movements.

Identify the role and impact of technology on social movements, especially through global communication.

Analyze the social determinants of rumors and collective action theories including deprivation, solidarity, frame alignment, and breakdown theories.

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Definitions:

Pattern Recognition

Pattern recognition is the ability to detect arrangements of characteristics or data that signify a familiar object or feature.

Left Hemisphere

The half of the brain typically responsible for analytical and linguistic tasks, including language comprehension, speech, and logic.

Mathematical Calculations

The process of performing mathematical operations to determine an answer or solve problems.

Spatial Neglect

Condition produced most often by damage to the parietal lobe association areas of the right hemisphere, resulting in an inability to recognize objects or body parts in the left visual field.