Exam 39: Head Start

The actual dollar value of the costs would have to be ______ the actual dollar value of the benefits for an investment in early childhood education to be justified in present value terms.

If you grant that the long-term benefits of Head Start are in doubt and focus, instead, on the short-term benefits you find that

The newest evidence on Head Start suggests that it is

Suppose analysts are arguing about Head Start. The male analyst argues that the money spent on Head Start per person is worth it because current spending on it is less than current spending on the expected reduction in jail costs. The female analyst argues that the money was spent long ago and saved today and it would necessarily be worth it.

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

When using present value to examine Head Start, a dollar worth of the short-term benefits _________ a dollar worth of long-term benefits.

If you grant the argument by Head Start program proponents that we would be spending about half of the money we currently spend on the program on subsidized day care anyway, then the savings attributable to the reduced need for special education and the reduction in the repeats of first and second grade

The application of the concept of opportunity cost to an analysis of Head Start might be that

The median Head Start teacher has been teaching

The racial makeup of the children enrolled in Head Start

Annual Head Start costs per child served are _______ average child care costs.

The premise of Head Start is that

The income profile of the children enrolled in Head Start is such that it

Suppose someone is concerned that money spent on one children's program could be more effectively spent on another program. She is describing

What is the economic concept that suggests that using money for one children's program comes at the price of the lost ability to use that money on another children's program that might be more effective?

Head Start has not been "fully funded" which means

In order for the money spent on children to be viewed as a good investment, economists would look at the ______ of the costs and compare that to the _____ of the benefits.

The notion that taxpayers would willingly vote for a program such as Head Start is explained by economists as voters recognizing the _______ of having the children in quality child care.

The newest evidence on Head Start suggests that ______ participants are less likely to be charged with a crime later in life than equally situated non-participants.

The academic studies that were the intellectual justification for Head Start suggested that for every dollar spent on the program ___ would be returned to society in the form of higher taxes and lower welfare and incarceration costs.