Solved

If a Larger Fraction of the Population Receives Public Education

Question 42

Multiple Choice

If a larger fraction of the population receives public education, and a smaller fraction receives private education, then


A) there will be a higher rate of convergence of incomes across the population.
B) aggregate growth rates must fall in the long run.
C) for each individual there should be a smaller effect on human capital accumulation due to the human capital of others.
D) human capital will grow at a higher rate for everyone.
E) inefficiency must increase.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents