The Use of Vouchers for Education

question 81

Multiple Choice

The use of vouchers for education

• A) decreases the demand for education and increases the equilibrium quantity.
• B) increases the demand for education and increases the equilibrium quantity.
• C) increases the deadweight loss for those who can't afford schooling.
• D) decreases the quantity provided to the efficient level.
• E) decreases the demand for education and decreases the equilibrium quantity.

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Definitions:

Alphabet

A set of letters or symbols in a fixed order used to represent the basic sounds of a language, particularly for writing.

Mnemonic Devices

Techniques a person can use to help them improve their ability to remember something, often by associating patterns, such as letters or associations, with the information being memorized.

Procedural Memory

The type of long-term memory responsible for knowing how to do things, also known as muscle memory.

Declarative Memory

The type of long-term memory that involves conscious recollection of facts and events.