Arguments for public subsidies for education are based upon

Assignment Help Business Economics

Reference no: EM13831855

1. Arguments for public subsidies for education are based upon:

A. the pure signaling model.

B. the existence of positive externalities associated with education.

C. Both of the above are correct.

D. None of the above is correct.

2. The cobweb model of educational attainment is most likely to be applicable when:

A. there is a rapid supply adjustment.

B. there is a lagged supply response.

C. the supply curve is vertical in the short run and the long run.

D. None of the above is correct.

Reference no: EM13831855

Questions Cloud

Life cycle cost analysis-user benefit resulting from project : Life Cycle Cost Analysis (LCCA) does not include "User benefits resulting from project" or "Externalities resulting from project". Unlike analysis based on net annual worth, net present worth analysis does NOT require equal analysis periods for diffe..

Regulating a monopoly : Suppose that a monopolist sells a product to consumers with an aggregate inverse demand that is downward sloping in quantity, P (Q) = 1000 − 4Q. The total cost of producing Q units is C(Q) = Q2. What is the unregulated price-quantity pair? At this eq..

Explain the change in female labor force participation rates : Which of the following cannot explain the change in female labor force participation rates over the past 75 years? Unemployment compensation programs provide a lower income than workers received while they were employed because full replacement of lo..

Full income and labor turnover : Labor turnover during periods of economic expansion is largely the result of: Full income. If leisure is a normal good, an increase in nonlabor income will cause the quantity of labor supplied to:

Arguments for public subsidies for education are based upon : Arguments for public subsidies for education are based upon: The cobweb model of educational attainment is most likely to be applicable when:

Existence of ability bias causes estimated rates of return : The existence of ability bias causes estimated rates of return to education to _______ the actual rate of return for a typical individual. The existence of ability bias causes estimated rates of return to education to _______ the actual rate of retur..

Part of the opportunity cost of a college degree : Which of the following is least likely to be part of the opportunity cost of a college degree? An increase in the interest rate is expected to cause the optimal level of human capital investment for an individual to:

Reduction in the wage causes opportunity cost of vacation : In the hedonic pricing model of job risk, steep indifference curves indicate: A reduction in the wage causes the opportunity cost of a vacation to the Bahamas to:

Economic theory predicts-child support enforcement programs : Economic theory predicts that the introduction of child support enforcement programs will: In the hedonic pricing model of job risk, a flatter isoprofit curve indicates that:

User Account

All Pages