Which of the following are reasons for the increased centralization in school financing?

a. The existence of diseconomies of scale in education.
b. A desire by state education agencies to decentralize control.
c. A desire to equalize funding across school districts.
d. Increasing positive externalities from education as globalization increases.

c

Economics

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The Arrow impossibility theorem suggests

A) democracies are doomed to fail in the long-run. B) dictatorships are impossible in the long-run. C) there is no universally applicable decision rule in a majority-rule democracy. D) there is no way to make democracy better than a dictatorship.

Economics

Countries that are unable to produce goods as efficiently as other countries will never be able to trade

a. True b. False Indicate whether the statement is true or false

Economics