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
Taxes that are designed to discourage consumption of the taxed good are called _____. a. regressive taxes b. head taxes c. sumptuary taxes d. sales taxes ANSWER c
Date: September 9th, 2020
Which of the following are criticisms of voucher programs? a. They do not allow government to exercise enough control over education finance. b. Exclusionary admission standards under a voucher program would be unjust. c. Vouchers might be used at sub-standard schools. d. all of the above e. b and c ANSWER e
Date: September 9th, 2020
The optimal sharing group _____. a. increases as the cost of the public good increases b. declines as the cost of the public good increases c. declines as the cost of the public good declines d. increases as the cost of the public good increases ANSWER a
Date: September 9th, 2020
Sumptuary taxes are often justified on the grounds that _____. a. bad activities should be discouraged b. the rich should pay more c. the poor should pay less d. merit goods need encouragement ANSWER a
Date: September 9th, 2020
From an economic point of view, _____ makes a lot of sense because it takes advantage of the gains produced by specialization. a. bicameral legislatures b. representative democracy c. proportionality in the House of Representatives d. bureaucracy ANSWER b
Date: September 9th, 2020
A _____ of representative democracy is it _____. a. downside; increases decision-making costs b. benefit; increases decision-making costs c. downside; reduces decision-making costs d. benefit; reduces decision-making costs ANSWER d
Date: September 9th, 2020
In spite of the stated goal of discouraging behavior, if a sumptuary tax is applied on _____, behavior will not change very much. a. a good with elastic demand b. a good with inelastic demand c. income d. wealth ANSWER b
Date: September 9th, 2020
