Please answer within 1 hour... There are several reasons why government has played such a large role inthe provision and financing of education from colonial times to thepresent. These reasons include all of the following EXCEPT:the prevalence of positive externalities.O failures to maximize family utility.O the high private returns to education.O providing opportunity and economic mobilitythe existence of credit market failures.

The answer is - the high private return to education.

There are several reasons why government has played such a large role in the provision and financing of education from colonial times to the present. These reasons include all of the following EXCEPT: O the prevalence of positive externalities. O failures to maximize family utility. O the high private returns to education. O providing opportunity and economic mobility O the existence of credit market failures.

There are several reasons why government has played such a large role in the provision and financing of education from colonial times to the present. These reasons include all of the following EXCEPT: O the prevalence of positive externalities. O failures to maximize family utility. O the high private returns to education. O providing opportunity and economic mobility O the existence of credit market failures.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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