Strayer ECO 405 QUIZ CHAP 6 (2014) with Correct Answers

•Question 1

 The empirical evidence of the effectiveness of voucher programs is best described as

•Question 2

 Marginal social benefits equal

•Question 3

 The supply of private education is represented by

•Question 4

 The creation of new learning technologies will cause which of the following to decrease?

•Question 5

 I benefit because you become more educated. This is an example of a

•Question 6

 To be socially optimal, education should be provided to the point where

•Question 7

 What is the relationship between school funding and student achievement?

•Question 8

 Students learn about health and nutrition in school. This provides a

•Question 9

 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

•Question 10

 Which of the following will decrease the equilibrium quantity of education in a market?

•Question 11

 In a purely private K-12 education system, spaces would be allocated based on

•Question 12

 In the existing public K-12 education system, spaces are allocated based on

•Question 13

 An increase in the demand for education will

•Question 14

 A decrease in the cost of education will

•Question 15

 With positive externalities in consumption, the market equilibrium quantity will be