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    Exam 17: Externalities
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    When People Determine the Quantity of Education They Will Undertake
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When People Determine the Quantity of Education They Will Undertake

Question 55

Question 55

Multiple Choice

When people determine the quantity of education they will undertake, they ________ the external benefits. As a result, if education were left to an unregulated market, people would undertake too ________ education.


A) overvalue; much
B) ignore; much
C) ignore; little
D) overvalue; little

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