When the private rate of return on education is much higher than the social rate of return:
A) it is not economically efficient to expand education to the point of fully satisfying private demand.
B) school tuition charges need to be raised.
C) funds should be reallocated from other types of investment to more investment in education.
D) the market wage exceeds the shadow price of labor.
Correct Answer:
Verified
Q1: Grade survival rates estimate:
A) how many children
Q3: IDs and Paired-Concept Questions
These terms can be
Q4: Which of the following is NOT true
Q5: The greatest gains in secondary education,measured by
Q6: Rates of return on schooling depend on
Q7: In low-income countries,the social rate of return
Q8: IDs and Paired-Concept Questions
These terms can be
Q9: For the students' families in developing countries,the
Q10: IDs and Paired-Concept Questions
These terms can be
Q11: In the past 50 years,what has happened
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents