Deck 7: Education

Question 1

Reducing class size will

A) improve student test scores.
B) decrease student test scores.
C) have no impact on student test scores.
D) have an undetermined impact on test scores.

Answer 1

have an undetermined impact on test scores.

Question 2

Crowding out occurs when public provision of a good substitutes for private provision.

A) True
B) False
C) Uncertain

Answer 2

True

Question 3

School vouchers are

A) provided by the government.
B) provided by private organizations.
C) public funds to be used for private tuition.
D) all of these answer options are correct.

Answer 3

all of these answer options are correct.

Question 4

Commodity egalitarianism suggests that some goods be available to everyone.

A) True
B) False
C) Uncertain

Question 5

Merit pay for teachers has a _________ on test student test scores.

A) positive
B) negative
C) undetermined
D) none of these answer options are correct.

Question 6

Since the 1960s,SAT scores have been

A) falling.
B) rising.
C) stayed the same.
D) none of these answer options are correct.

Question 7

The presence of positive externalities _____ justify the current structure of government programs for higher education.

A) should
B) does
C) should not
D) does not

Question 8

Government subsidies for education are motivated by

A) concerns over disease.
B) concerns over creating jobs for teachers.
C) concerns over equity.
D) concerns over choice.

Question 9

Charter schools

A) are public schools.
B) operate under special state government charters.
C) can experiment with a variety of approaches to education.
D) have some independence in making spending and hiring decisions.
E) all of these answer options are correct.

Question 10

Public provision of education might

A) cause property values to fall.
B) crowd out private provision.
C) decrease local taxes.
D) none of these answer options are correct.

Question 11

Under school voucher systems,financial support goes to

A) to the school.
B) to the state.
C) to the city.
D) to the family.

Question 12

Vouchers allow students to

A) get free lunches at public schools.
B) go to public schools at reduced rates.
C) receive discounts on school supplies like pens and paper.
D) all of these.
E) none of these answer options are correct.

Question 13

Human capital is increased when a firm makes investments that raise workers' productivity.

A) True
B) False
C) Uncertain

Question 14

_________ is the investment that individuals make in education,training,and health care that raise their productive capacity.

A) Capital market
B) Human capital
C) Human engineering
D) Private good production

Question 15

Standardized tests are used in efforts to

A) save on paper waste.
B) make schools more accountable.
C) give teachers more time off.
D) shorten school hours.

Question 16

In 2008 ___________ had the highest annual expenditures on public and private schools per student.

A) Spain
B) France
C) United States
D) Japan

Question 17

Education is one of the few areas of study in your text that do not require the use of public finance.

A) True
B) False
C) Uncertain

Question 18

Publicly provided education is generally considered

A) a public good that generates positive externalities.
B) not to be a public good that generates negative externalities.
C) not to be a public good that generates positive externalities.
D) a public good that generates negative externalities.

Question 19

Some critics have argued that moving children to private schools might reduce the _________ of education.

A) pure public goods aspect
B) positive externalities
C) size of library holdings
D) size of teachers unions influence

Question 20

The federal government subsidizes higher education

A) less than primary and secondary education.
B) more than primary and secondary education.
C) about the same as primary and secondary education.
D) because it does not subsidize primary and secondary education.

Question 21

The figure below shows free public schooling leading to less education.

A) True
B) False
C) Uncertain

Question 22

Standardized tests are used in efforts to make schools more accountable.

A) True
B) False
C) Uncertain

Question 23

Loans are better than grants for higher education.

A) True
B) False
C) Uncertain

Question 24

There is no correlation between more years of schooling and increased earnings.

A) True
B) False
C) Uncertain

Question 25

Some economists believe that public schools would improve if they were subjected to competition.Discuss the pros and cons of this idea.

Question 26

Increases in spending on education will lead to an increase in student performance.

A) True
B) False
C) Uncertain

Question 27

Refer to Table 7.1 below.By what percentage does real annual expenditures in public elementary and secondary schools rise between 1980 and 1985? Between 2005 and 2010? What can be said about the rate of change?

Question 28

Do you believe that class size reductions will help student performance?

Question 29

Assume that the budget constraint in the figure below is: P_EE + P_AA = I,where I is total income and P_E is the price of education and P_A is the price of all other goods.If U(E,A)= A + E,P_E = 2,P_A = 1,and I = 10.What is the quantity of education and all other goods consumed?

Question 30

A criticism of market-oriented schemes says that consumers may not be well informed.

A) True
B) False
C) Uncertain

Question 31

Does increasing reliance on student loans distort students' career choices?

Question 32

All students should go on to college.

A) True
B) False
C) Uncertain

Question 33

Standardized tests do not receive universal acceptance as being helpful in making schools more accountable.Discuss why.

Question 34

Assume that the budget constraint in the figure below is: P_EE + P_AA = I,where I is total income and P_E is the price of education and P_A is the price of all other goods.If U(E,A)= A + E,P_E = 2,P_A = 1,and I = 10.If the price of education drops to 1,how much of the two goods are consumed now?

Question 35

Increasing the amount of annual per pupil expenditures has helped in increasing student performance.What could make that improvement better?