Even if college imparted no additional knowledge to its graduates, they are likely to earn more because _____. a. firms like to say they only hire college graduates b. of the connections that one makes in college c. a college degree sends a signal of innate ability to employers d. their parents help them get […]
Date: September 9th, 2020
Horizontal equity is extremely compatible with the benefit principle. a. True b. False ANSWER b
Date: September 9th, 2020
Employing the TIT for TAT strategy in a repeated prisoners’ dilemma game means _____. a. that you will lose b. defecting when the other person cooperates c. attacking when the other person defects d. cooperating as long as the other person cooperates ANSWER d
Date: September 9th, 2020
Over 90 percent of adults in the United States were high school graduates in 2000. a. True b. False Indicate whether the statement is true or false ANSWER FALSE
Date: September 9th, 2020
In practice, it is difficult to integrate the concept of vertical equity into the tax code although it is widely agreed that high-income individuals should pay more. 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
Overcrowding under public school choice is not a problem because _____. a. parents find crowded schools undesirable b. parents do not mind sending their kids to schools far away from home c. schools have the ability to drastically expand capacity in the short-run d. schools will be extremely exclusionary ANSWER a
Date: September 9th, 2020
Fair outcomes are the result of fair rules defines _____. a. a procedural theory of justice b. a constitutional theory of justice c. justice d. a consensus theory of justice ANSWER a
Date: September 9th, 2020
A charter school is an independent _____ school with _____ financing. a. private; private b. public; public c. private; public d. public; private ANSWER b
Date: September 9th, 2020
Representative democracy works best _____. a. to allocate resources when constitutional rules limit the scope of collective action b. to equalize income when constitutional rules mandate a simple majority rule for all collective decision-making c. with a strong executive branch d. external costs of collective decision-making are extremely high ANSWER a
Date: September 9th, 2020
