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Question: Grade-school education is said to yield a beneficial externality because all of us benefit from interacting with people who know basic reading and writing. Assuming that this is true, make a case for providing education from taxes. Then make a case against it. Can you think of any comparable beneficial externalities from college education? If they exist, is there necessarily a case for public funding of colleges?

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M93111493

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