EDAS 648 Quiz 1 Economics

EDAS 648 Quiz 1: Economics – Public and Private Schools

Module 1: Week 1

  1. Which of the following items is listed as a component for which no figures can be quoted to indicate the economic benefits of education to individuals?
  2. Which of the following statements reflects the results from research discussed regarding the relationship between achievement and funding?
  3. Which of the following regarding the importance of education to our national economy is a true statement?
  4. Which of the following is one of the commonly cited benefits of an education?
  5. Consumer sovereignty is the concept that consumers in free-market systems determine what get produced.
  6. According to the Beleld and Levin, the nation loses $150 billion in combined income and tax revenue with each cohort of 18 year olds who never complete high school.
  7. Schools in the private sector operate under the same set of theories and rules as those in the public sector.
  8. The quality and quantity of educational services are determined largely by the wishes of government officials.
  9. It is clear that the returns on education expenditures are shared by the individual student as private benefits and by society at large as public benefits.
  10. Which of the following is NOT included in the Census Bureau data discussed in Chapter Two?
  11. The Reaching America’s Health Potential Among Adults report lists all but one of the following statements as a factor of education as it relates to influencing health.
  12. Which of the following statements includes accurate statements regarding funding education in our country according to 2017 data discussed in Chapter Two?
  13. Which of the following is NOT a method used to assess school finance adequacy?
  14. Which of the following is NOT an accurate statement relating to adequacy?
  15. The cost of an adequate education is estimated based on what that education is expected to accomplish.
  16. Energy is a crucial factor in increasing the costs of education.
  17. Taxpayer support for public schools is critical to provide adequate funding for education.
  18. The greatest school population increase is expected to be in the West.
  19. Since 1950, the armed forced of the United States have required applicants and recruits to take a literacy test.
  20. The provision of a system of public education rests squarely with the legislatures in the respective states.
  21. Cost function/ econometric modeling is the relationship between expenditures and achievement which is used as a basis for estimating costs when assessing finance adequacy.
  22. Which of the methods listed below would be a viable way to measure the ability of school districts to raise funds for any or all purposes?
  23. Which of the following statements is correct?
  24. Which of the following is among the complications that would occur in applying a foundation program?
  25. Which of the following groups would be at the greatest disadvantage when property taxes are used for funding schools?
  26. There are many factors that can skew results in studies related to equity. Which of the following is NOT included with those mentioned by the authors?
  27. Equity for taxpayers is easy to achieve in a finance formula.
  28. States vary in their property assessment practices and in the ways they levy taxes on local property.
  29. Schools that have experienced staffs with higher salaries for teachers and administrative personnel will produce greater per-pupil costs.
  30. At present, equity for children can best be measured in terms of comparing the expenditures per child.
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