If the government were to give every student a voucher to redeem at any school,it would be intervening through _________.If the government were to mandate no tuition cost more than $6,000/year without intervening in any other way,it would be intervening through _________.

Question

Quizplus · Accepted Answer

The first scenario involves the government using vouchers, which affects the price mechanism by providing a subsidy that students can use, indirectly influencing prices by increasing demand. The second scenario directly sets a price limit, which is a direct intervention in the price mechanism.

If the Government Were to Give Every Student a Voucher