Which of the following creates a positive social rate of return?
a. Providing a free secondary education to the public
b. Paying higher wages to workers with college degrees
c. Offering government grants to private universities
d. Earning an advanced degree at a public university
a. Providing a free secondary education to the public
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The theory of portfolio choice suggests that the most important factor affecting the demand for domestic and foreign assets is the ________ on these assets relative to one another
A) interest rate B) risk C) expected return D) liquidity
Other things the same, if the U.S. interest rate falls, then U.S. residents will want to purchase
a. more foreign assets, which increases the quantity of loanable funds demanded. b. fewer foreign assets, which decreases the quantity of loanable funds demanded. c. more foreign assets, which increase the quantity of loanable funds supplied. d. fewer foreign assets, which decreases the quantity of loanable funds supplied.