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By Subsidizing the Provision of Public Education, the Government

Question 337

Multiple Choice

By subsidizing the provision of public education, the government


A) generates an increase in the quantity of educational services demanded.
B) pushes the per-unit price that consumers pay for educational services below the market clearing price.
C) pushes the per-unit price that producers of educational services receive above the market clearing price.
D) all of the above.

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