Suppose Head Start proponents could show that it saves $2000 per child in reduced need for special education, $3000 per child in reduced need for children to repeat first or second grade, but that these benefits accrue two to three years after program participation. Suppose there are no other benefits and that the program costs $6000 per child. With this data, you
A) could not conclude that the program makes sense, because present values depend on the interest rate.
B) could conclude that the program makes sense as an investment.
C) would have to concede that the program is not worth the costs.
D) would insist that Head Start is simply the "right" thing to do for the kids.
Correct Answer:
Verified
Q32: Economists and the Congressional Budget Office find
Q33: The newest evidence on Head Start suggests
Q34: The evidence on the question of Head
Q35: The percentage of households with a Head
Q36: If you grant the argument by Head
Q38: Suppose Head Start proponents could show that
Q39: If you grant that the long-term benefits
Q40: When using present value to examine Head
Q41: What is the economic concept that suggests
Q42: The application of the concept of opportunity
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