The Economic Justification for Public Subsidies to University Research Is

Multiple Choice

The economic justification for public subsidies to university research is based on the

A) value of this research to the university.
B) higher salaries graduate students earn as a result of working with professors involved in research.
C) external benefits of research and development to, in particular, high rates of economic growth.
D) higher incomes earned by those who provide services to university researchers (equipment, supplies, etc.) .