If an educational voucher system were adopted where parents could spend their share of education tax dollars at any school of their choice, then we could expect families to
A)Choose less education than before because the public schools would get better
B)Choose more education because they do not need to pay double for private education
C)Make no changes in their education choices because the relative price of private and public education has not changed
D)Make choices that can not be predicted by economic theory

Question

Quizplus · Accepted Answer

With the availability of educational vouchers, parents would have the freedom to choose any school that meets the educational needs of their children. This would include private schools, which may have been previously unaffordable due to the high cost. By allowing parents to use their share of education tax dollars towards private education, they would be able to receive more education for their money, giving them an incentive to choose more education than before.

If an Educational Voucher System Were Adopted Where Parents Could