Question

question
all of the following statements are true about the positive externalities of education, except:
select the correct answer below:
education has an excellent private rate of return for the individual but there are very few positive externalities of education.
many nations have chosen to use taxpayer dollars to subsidize primary, secondary, and higher education.
the positive externalities that education produces can be difficult to measure.
free public education is considered a situation where the estimated rates of return to society are worth the costs.

Explanation:

Positive externalities of education are significant. Nations subsidize education (so option 2 is true). Measuring these externalities (like better - informed citizenry, lower crime rates due to education) is hard (so option 3 is true). Free public education is seen as beneficial to society (so option 4 is true). However, education has many positive externalities (not few), such as a more productive workforce, innovation, and social cohesion.

Answer:

A. Education has an excellent private rate of return for the individual but there are very few positive externalities of education.