Would the government have incentive to tax education

Reference no: EM133662253

Assignment:

In most countries, education is heavily subsidized, via either grants for the cost of living or subsidies for the direct cost of education (teacher salaries, classrooms and lecture halls). Discuss briefly the following arguments regarding this issue using the human capital model and signalling model:

(a) When and why might education be left to the market?

(b) When might education be subsidized?

Reference no: EM133662253

Questions Cloud

Firm differentiation strategy : What are some of the decisions (list three) the operation managers at RM must make to support the firm's differentiation strategy?

Concept of nafta was to promote economic growth : Although the concept of NAFTA was to promote economic growth by removing tariffs to import and export goods, it did not have the expected outcome.

Example of task performance : Ricardo works for a manufacturing company that had excess plastic material. This is an example of task performance.

What would happen to the equilibrium in the cattle market : The EPA releases data that proves cow manure is destroying the ozone layer, what would happen to the equilibrium (price and quantity) in the cattle market?

Would the government have incentive to tax education : When might education be subsidized? Would the government have incentive to tax education? Who would benefit? Who would lose?

Culture shock in context of international projects : Introduction to the concept of international projects. exploration of culture shock in the context of international projects.

How insights of behavioral economics can influence business : Discuss how the insights of behavioral economics can influence business or government's public policy decisions.

Population''s explosive increase is good news : The population's explosive increase is good news for the building industry since it means that demand for homes will rise.

What are the pros and cons of oracle driving prices down : What are the pros and cons of Oracle driving prices down?

User Account

All Pages