Subject:ec Figure 11-1 depicts three families, X, Y, and Z, and their utility based onspending on education and other goods. Suppose free public education isprovided and the new budget constraint is shown in red.Other goodsspending$50,000$40,000$20,000$10,000$25,000$10,000 $25,000Z!$45,000$30,000Show Transcribed Text$50,000 Education spendingRefer to Figure 11-1. Assuming that higher education spending meansbetter quality, how many families will receive lower quality educationbecause of the government providing public education? Refer to Figure 11-1. How many families are happier because of thegovernment providing public education?Show Transcribed TextWhich of the following is true regarding government spending in theUnited States?Since the 1900s, local governments spend more than the federal government.Since the 1900s, the share of total government spending attributed to the stategovernments has decreased.Since the 1900s, the share of total government spending attributed to thefederal government has increased.O all of these answers are correct

Free public education refers to a system in which the government provides primary, secondary, and/or…

Figure 11-1 depicts three families, X, Y, and Z, and their utility based on spending on education and other goods. Suppose free public education is provided and the new budget constraint is shown in red. Other goods spending $50,000 $40,000 $20,000 $10,000 $25,000 $10,000 C $25,000 $30,000 $45,000, Show Transcribed Text $50,000 Education spending Refer to Figure 11-1. Assuming that higher education spending means better quality, how many families will receive lower quality education because of the government providing public education?