1. The debate over the appropriate role of government in education began centuries ago and continues unabated to date. Explain some of the arguments for and against government's role in education. 2. With the use of an appropriate graph (clearly labeled) explain the effect of a subsidy on the demand for education. Given the effect of the subsidy, explain what you think may be some more sustainable funding alternatives to the provision of education by the state.
1. The debate over the appropriate role of government in education began centuries ago and continues unabated to date. Explain some of the arguments for and against government's role in education. 2. With the use of an appropriate graph (clearly labeled) explain the effect of a subsidy on the demand for education. Given the effect of the subsidy, explain what you think may be some more sustainable funding alternatives to the provision of education by the state.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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