Question

Question 21

Reducing class size will

		improve student test scores.
		decrease student test scores.
		have no impact on student test scores.
		have an undetermined impact on test scores.

5 points

Question 22

Charter schools

		are public schools.
		operate under special state government charters.
		have some independence in making spending and hiring decisions.
		all of the above.

5 points

Question 23

Under school voucher systems, financial support goes to

		to the family.
		to the school.
		to the state.
		to the city.

5 points

Question 24

Standardized tests are used in efforts to

		save on paper waste.
		make schools more accountable.
		give teachers more time off.
		shorten school hours.

5 points

Question 25

The rate at which future money must be discounted is known as the

		rate of inflation.
		exposure rate.
		discount rate.
		time rate.

5 points

Question 26

The value that society places on consumption that is sacrificed in the present is called

		the social rate of discount.
		social marginal costs.
		social marginal damages.
		social returns.

5 points

Question 27

consumer surplus is

		The area above the market demand curve and above the market price
		The area above the market supply curve and below the market price
		The area below the market demand curve and above the market price
		The area below the market supply curve and below the market price

5 points

Question 28

The value of a human life

		can be subjected to cost-benefit analysis.
		can be estimated by potential future earnings.
		is a change in the probability of a person's death.
		is all of the above.

5 points

Question 29

The chain-reaction game

		was cancelled on network TV.
		counts secondary benefits without counting secondary costs.
		Compounds a bad decision by making more bad decisions, causing unwanted projects to get funded.
		is double-counting of benefits.

5 points

Question 30

When wages are viewed as benefits instead of the costs of a project, it is an example of the

		chain-reaction game.
		double-counting game.
		dating game.
		labor game.