A government policy of providing free public K-12 education is most consistent with

Question

Quizplus · Accepted Answer

The Second Theorem of Welfare Economics states that any Pareto-efficient allocation can be achieved through a competitive equilibrium, given the appropriate redistribution of initial endowments. In the case of free public K-12 education, the government is providing a redistribution of education resources to ensure that all children have access to basic education, which can contribute to a more efficient allocation of resources in the future. Therefore, this policy is consistent with the Second Theorem of Welfare Economics.

A Government Policy of Providing Free Public K-12 Education Is