It is difficult to directly compare outcomes at private schools with those at public schools because
A. private schools generally have children whose parents are more involved in their children's education.
B. private schools are generally religious, and religious students do not do as well.
C. private schools generally have teachers with more advanced degrees.
D. private schools universally spend more per child than public schools.
Answer: A
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Refer to Table 21-2. Using the table above, what is the approximate average annual growth rate from 2013 to 2016?
A) -1% B) 1% C) 2% D) 4%
Regardless of market structure, all firms
A) consider the actions of rivals. B) maximize profit by setting marginal revenue equal to marginal cost. C) produce a differentiated product. D) have the ability to set price.
When the government sets a maximum price that can be charged for a good or service, it creates
A) a price support. B) a price floor. C) a white market. D) a price ceiling.
An economic boom in the United States would cause the aggregate demand curve in other countries to shift outward
a. True b. False Indicate whether the statement is true or false