Question 1

Publicly provided education is generally considered

Accepted Answer

A) a public good that generates positive externalities. 
B) not to be a public good that generates negative externalities. 
C) not to be a public good that generates positive externalities. 
D) a public good that generates negative externalities. 
A) a public good that generates positive externalities. 
B) not to be a public good that generates negative externalities. 
C) not to be a public good that generates positive externalities. 
D) a public good that generates negative externalities. C

Question 2

The presence of positive externalities _____ justify the current structure of government programs for higher education.

Accepted Answer

A) should 
B) does 
C) should not 
D) does not. 
A) should 
B) does 
C) should not 
D) does not. D

Question 3

Merit pay for teachers has a _________ on test student test scores.

Accepted Answer

A) positive 
B) negative 
C) undetermined 
D) none of the above 
A) positive 
B) negative 
C) undetermined 
D) none of the above C

Question 4

Crowding out occurs when public provision of a good substitutes for private provision.

Accepted Answer

A) True 
 B)False

Question 5

The federal government subsidizes higher education

Accepted Answer

A) less than primary and secondary education. 
B) more than primary and secondary education. 
C) about the same as primary and secondary education. 
D) because it does not subsidize primary and secondary education. 
A) less than primary and secondary education. 
B) more than primary and secondary education. 
C) about the same as primary and secondary education. 
D) because it does not subsidize primary and secondary education.

Question 6

Some critics have argued that moving children to private schools might reduce the _________ of education.

Accepted Answer

A) pure public goods aspect 
B) positive externalities 
C) size of library holdings 
D) size of teachers unions influence 
A) pure public goods aspect 
B) positive externalities 
C) size of library holdings 
D) size of teachers unions influence

Question 7

Increasing the amount of annual per pupil expenditures has helped in increasing student performance.What could make that improvement better?

Accepted Answer

Answers will vary,but efficien

Question 8

Assume that the budget constraint in Figure 7.1 panel A is: PS1U1B1ES1U1B0E +PS1U1B1AS1U1B0A = I,where I is total income and S1U1B1PES1U1B0 is the price of education and PS1U1B1AS1U1B0 is the price of all other goods.If U(E,A)= A+E,PS1U1B1ES1U1B0 = 2,PS1U1B1AS1U1B0 = 1,and I = 10 what is the quantity of education and all other goods consumed?
-If the price of education drops to 1,how much of the two goods are consumed now?

Accepted Answer

Just as "This is a corner solution where

Question 9

In 2007 ___________ had the highest annual expenditures on public and private schools per student.

Accepted Answer

A) Spain 
B) France 
C) United States 
D) Japan 
A) Spain 
B) France 
C) United States 
D) Japan

Question 10

Does increasing reliance on student loans distort students career choices?

Accepted Answer

Some argue that students who acquire lar

Question 11

Education is one of the few areas of study in your text that do not require the use of public finance.

Accepted Answer

A) True 
 B)False

Question 12

Under school voucher systems,financial support goes to

Accepted Answer

A) to the school. 
B) to the state. 
C) to the city. 
D) to the family. 
A) to the school. 
B) to the state. 
C) to the city. 
D) to the family.

Question 13

Between 2003 and 2004 real annual expenditure per pupil in public elementary and secondary schools

Accepted Answer

A) increased by $102. 
B) decreased by $701. 
C) did not change. 
D) increased by $701. 
A) increased by $102. 
B) decreased by $701. 
C) did not change. 
D) increased by $701.

Question 14

Standardized tests are used in efforts to

Accepted Answer

A) save on paper waste. 
B) make schools more accountable. 
C) give teachers more time off. 
D) shorten school hours. 
A) save on paper waste. 
B) make schools more accountable. 
C) give teachers more time off. 
D) shorten school hours.

Question 15

Do you believe that class size reductions will help student performance?

Accepted Answer

Answers will vary,bu

Question 16

Figure 7.1
-In Figure 7.1,Panel B shows free public schooling leading to less education.

Accepted Answer

A) True 
 B)False

Question 17

A criticism of market-oriented schemes say that consumers may not be well informed.

Accepted Answer

A) True 
 B)False

Question 18

Standardized tests do not receive universal acceptance as being helpful in making schools more accountable.Discuss why.

Accepted Answer

Fears of schools "teaching to

Question 19

Standardized tests are used in efforts to make schools more accountable.

Accepted Answer

A) True 
 B)False

Question 20

Commodity egalitarianism suggests that some goods be available to everyone.

Accepted Answer

A) True 
 B)False

Exam 7: Education

Publicly provided education is generally considered

The presence of positive externalities _____ justify the current structure of government programs for higher education.

Merit pay for teachers has a _________ on test student test scores.

Crowding out occurs when public provision of a good substitutes for private provision.

The federal government subsidizes higher education

Some critics have argued that moving children to private schools might reduce the _________ of education.

Increasing the amount of annual per pupil expenditures has helped in increasing student performance.What could make that improvement better?

In 2007 ___________ had the highest annual expenditures on public and private schools per student.

Does increasing reliance on student loans distort students career choices?

Education is one of the few areas of study in your text that do not require the use of public finance.

Under school voucher systems,financial support goes to

Between 2003 and 2004 real annual expenditure per pupil in public elementary and secondary schools

Standardized tests are used in efforts to

Do you believe that class size reductions will help student performance?

Figure 7.1 -In Figure 7.1,Panel B shows free public schooling leading to less education.

A criticism of market-oriented schemes say that consumers may not be well informed.

Standardized tests do not receive universal acceptance as being helpful in making schools more accountable.Discuss why.

Standardized tests are used in efforts to make schools more accountable.

Commodity egalitarianism suggests that some goods be available to everyone.

Introduction

Tools of Positive Analysis

Tools of Normative Analysis

Public Goods

Externalities

Political Economy

Cost-Benefit Analysis

The Health Care Market

Government and the Market for Health Care

Social Security

Income Redistribution: Conceptual Issues

Expenditure Programs for the Poor

Taxation and Income Distribution

Taxation and Efficiency

Efficient and Equitable Taxation

The Personal Income Tax

Personal Taxation and Behavior

The Corporation Tax

Deficit Finance

Fundamental Tax Reform: Taxes on Consumption and Wealth

Public Finance in a Federal System

Filters