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
Individuals within a group have preferences. a. True b. False ANSWER a
Date: September 9th, 2020
Political considerations are unimportant to an understanding of tax policy. a. True b. False ANSWER b
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
The above figure shows the market for apples. If the government restricts output to no more than 300 pounds, then A) 300 pounds of apples will be sold at $3. B) 200 pounds of apples will be sold at $3. C) no apples will be sold. D) None of the above. ANSWER B
Date: September 9th, 2020
