Discuss efficiency consequences of system of taxpayers

Reference no: EM131499777

Question: A deeply held belief in Europe is that university education should be financed almost entirely by the government. In France, under-graduates pay about $400 per year in tuition; in Germany, federal law explicitly forbids public universities to charge tuition. However, European governments typically don't provide much money for universities, leading to problems with maintaining quality. In response, some observers want to start charging students substantial amounts of tuition. One German official responded that "one of the prime lights of humanity is to have a free university education." In the same way, a Labor member of the British parliament argued that "Introducing a market into higher education is something the Labor Party should not be doing" [Lyall, 2003, p. A3]. Discuss the efficiency and equity con-sequences of a system of taxpayer-financed higher education.

Reference no: EM131499777

Questions Cloud

How many hogs does lp produce : The Finger Lakes region of New York State attracts tourists who wish to sample its superb wines. In recent years, hog-raising farms-some with more than.

Essential services of public health : Describe the four major categories and 10 essential services of public health and find a real-life example of each service.

Explain three key concepts you consider most important : Explain three key concepts you consider most important in the total cost of ownership. How price discounting would influence the understanding of purchasing.

What is the efficient level of production of x : The private marginal benefit for commodity X is given by 10 - X, where X is the number of units consumed. The private marginal cost of producing X is constant.

Discuss efficiency consequences of system of taxpayers : A deeply held belief in Europe is that university education should be financed almost entirely by the government. In France, under-graduates pay about $400.

What is MIRR of the project using the reinvestment approach : The company uses a 10 percent interest rate on all of its projects. What is the MIRR of the project using the reinvestment approach?

Deliver unpleasant or difficult information : Leaders and managers often have to deliver unpleasant or difficult information to other employees or other internal or external stakeholders.

What was cash flow to creditors and cash flow from assets : What was the cash flow from assets for 2014? If no new debt was issued during the year, what was the cash flow to creditors?

Explain segment target the market and position the product : Assume you are producing and selling Ethiopian cultural clothes. Explain you segment, target the market and position the product

User Account

All Pages