One Efficiency-Based Argument in Favour of Government Subsidies for Post-Secondary

Multiple Choice

One efficiency-based argument in favour of government subsidies for post-secondary education is that

A) the subsidy is essentially a transfer from lower-income,non-university-trained taxpayers to potentially higher-income-earning university students.
B) there are positive externalities involved in the consumption of education.
C) relative to the federal contribution,the provincial contribution to higher education is too low.
D) they would encourage people not to seek employment.
E) very few benefits from an individual's education accrue to society as a whole.