Multiple Choice
Which of the following is not a valid explanation for government provision and forced consumption of education?
A) myopic individuals make time-inconsistent decisions
B) education is a public good
C) forced education redistributes income
D) education has positive externalities, or benefits to non-consumers
E) education enhances human capital and raises GDP
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which of the following was not a
Q4: Balancing the government's budget each year would<br>A)
Q5: Which of the following is not generally
Q6: When government runs a budget deficit,<br>A) interest
Q7: Which of the following is a pure
Q9: Which of the following is a justification
Q10: Which of the following government functions most
Q11: Which of the following is a transfer
Q12: In most developed economies,government's share of GDP<br>A)
Q13: Which of the following government functions could