Solved

If the Government Were to Subsidize the Purchase of Education

Question 6

Multiple Choice

If the government were to subsidize the purchase of education without intervening in any other way,it would be intervening through the _________ mechanism.If the government were to mandate that everyone attend school through age 16 without intervening in any other way,it would be intervening through the __________ mechanism.


A) public provision; private provision
B) price mechanism; quantity mechanism
C) quantity mechanism; price mechanism
D) price mechanism; price mechanism

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents