When you paint the outside of your house, you not only enjoy a private benefit for yourself, but you also provide a(n) __________________ benefit.
Fill in the blank(s) with the appropriate word(s).
external (social)
Economics
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When someone says positive externalities coming from education justify subsidization of education, they are saying
A) education must be uniform in a democratic society. B) government ought to be the exclusive provider of at least elementary education. C) many people cannot afford to educate their children. D) private schools tend to be inefficient. E) students capture only part of the benefits from attending school.
Economics
What factors increase potential GDP? Include a definition of potential GDP in your answer
What will be an ideal response?
Economics