Is education the swiftest method to eliminate poverty. Explain
Evidence points clearly to the conclusion that more education boosts earnings. However, delivering quality education to poor children is no simple matter. Many of them, especially in the inner cities, are ill-equipped to learn and attend schools that are ill-equipped to teach. Dropout rates remain dismayingly high. An astonishing number of youths leave the public school system without even acquiring basic literacy.
In truth, our educational system must serve many goals, and the alleviation of poverty is not the major one. If it were, we would certainly spend more money on pre-school and inner-city children and less on college education than we do today. Furthermore, education is not an effective way to lift adults out of poverty. Its effects are delayed for a generation or more.
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Which of the following statements is false?
A) Within each country, some individuals are made better off as a result of international trade, but one of the countries will be worse off overall. B) Although some individuals may not be made better off as a result of international trade, both countries may be made better off overall. C) Each country as a whole is made better off as a result of international trade, but individuals within each country may be made worse off. D) Not all individuals in both countries are made better off as a result of international trade.
Although the Federal Reserve had traditionally made discount loans only to commercial banks, in response to the financial crisis in 2008 the Fed made ________ eligible for discount loans as well
A) savings banks B) primary dealers C) the Treasury Department D) mortgage brokers