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Education in the United States Is Heavily Subsidized by the Government

Question 26

Multiple Choice

Education in the United States is heavily subsidized by the government. This fact suggest that I. less than the efficient amount of education would be provided by an unregulated market.
II) the marginal social benefit of education is greater than marginal social cost of education.


A) I only
B) II only
C) both I and II
D) neither I nor II

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