{"id":210740,"date":"2018-09-14T12:51:14","date_gmt":"2018-09-14T12:51:14","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/14\/eco-405-chapter-6\/"},"modified":"2018-10-24T08:51:09","modified_gmt":"2018-10-24T08:51:09","slug":"eco-405-chapter-6","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/eco-405-chapter-6\/","title":{"rendered":"ECO 405 chapter 6"},"content":{"rendered":"<p>&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 1\t4 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd The empirical evidence of the effectiveness of voucher programs is best described as\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 2\t0 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Marginal social benefits equal\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 3\t4 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd The supply of private education is represented by\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 4\t0 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd The creation of new learning technologies will cause which of the following to decrease?\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 5\t0 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd I benefit because you become more educated. This is an example of a\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 6\t4 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd To be socially optimal, education should be provided to the point where\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 7\t4 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd What is the relationship between school funding and student achievement?\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 8\t4 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Students learn about health and nutrition in school. This provides a\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 9\t0 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Schools in which parents or other groups were permitted to create a new school with state funding and were given control over operations are known as\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 10\t0 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd Which of the following will decrease the equilibrium quantity of education in a market?\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 11\t0 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd In a purely private K-12 education system, spaces would be allocated based on\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 12\t4 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd In the existing public K-12 education system, spaces are allocated based on\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 13\t0 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd An increase in the demand for education will\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 14\t0 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd A decrease in the cost of education will\tAnswer \ufffd \ufffd \ufffd  \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd  \ufffd \ufffd \ufffd \u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 15\t0 out of 4 points\t \ufffd \ufffd \ufffd \u00a0\t \ufffd \ufffd \ufffd With positive externalities in consumption, the market equilibrium quantity will be\tAnswer<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 1 4 out of 4 points \ufffd \ufffd \ufffd \u00a0 \ufffd \ufffd \ufffd The empirical evidence of the effectiveness of voucher programs is best described as Answer \ufffd \ufffd \ufffd \ufffd \ufffd\u00a0\u00a0\u00a0\u00a0 \ufffd \ufffd \ufffd \u00a0 <a href=\"https:\/\/www.benedictsol.com\/blogs\/eco-405-chapter-6\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-210740","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/210740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=210740"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/210740\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=210740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=210740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=210740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}