Refer to Figure 15-17. You are a member of a student government and are asked to recommend a price for the course and you argue: "I think the college should charge a price so that it just breaks even on the course". What price should you recomme

The figure above shows the market for college education in the United States. If the government has a goal of enrolling the efficient number of students each year, the government should provide a voucher to students equaling ________

A) $16,000 B) $13,000 C) $11,000 D) $5,000 E) $7,000

Which of the following information about fiat money is false? Fiat money

A) has little to no value except as money. B) is backed by gold. C) is authorized by a central bank or governmental body. D) serves as a medium of exchange.