Multiple Choice
You hear someone say that government should intervene in the education market because uneducated parents don't fully understand the value of education for their children.Leaving aside whether the politician's conclusion about the cause of the difference is correct,which justification for intervention is the politician using?
A) credit market failure
B) productivity spillovers
C) to produce a less criminally inclined public
D) the failure of family utility maximization
Correct Answer:
Verified
Correct Answer:
Verified
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