Collective action is successful to the extent that it improves the welfare of those who participate in it. a. True b. False ANSWER a
Date: September 9th, 2020
Groups have preferences. a. True b. False ANSWER b
Date: September 9th, 2020
A major tax overhaul is more likely to be in the public interest that a small tax reform. a. True b. False ANSWER a
Date: September 9th, 2020
Public schools are often homogenous because of neighborhood attendance boundaries. a. True b. False ANSWER a
Date: September 9th, 2020
The key point about a TIT for TAT strategy is _____. a. it is confusing to others b. it leads to sub-optimal outcomes c. that over time it encourage cooperation d. that it leads to a one time victory ANSWER c
Date: September 9th, 2020
Per pupil spending on education was seven times higher in 2000 than in 1940 after adjusting for inflation. a. True b. False ANSWER a
Date: September 9th, 2020
In terms of economic organization, the main difference between high schools and colleges is _____. a. that most colleges are monopolies while high schools are highly competitive b. that most colleges are for-profit institutions while high schools are public nonprofits c. that more market mechanisms are used at the college level d. there are no […]
Date: September 9th, 2020
The results of human action but not of human design a. have traditionally led to anarchy b. can easily be converted into collective decision-making c. have frequently evolved over time into self-enforcing social institutions d. is in actually the result of planned education funding ANSWER c
Date: September 9th, 2020
Welfare programs satisfy the criteria of the benefit principle. a. True b. False ANSWER b
Date: September 9th, 2020
In a repeated prisoner’s dilemma situation, cooperation can be achieved _____. a. if player A cooperates as long as player B cooperates b. if player A continually defects on player B c. if player A cooperates regardless of what player B does d. never ANSWER a
Date: September 9th, 2020
