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Education and Externalities

(a) What are some of the positive externalities of education?

(b) Why wouldn't the higher wages received by educated workers be considered a positive externality, while the additional tax revenue received by the government from these higher wages are?

(c) Why might higher education provide fewer positive externalities than primary/secondary education?

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9163118

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