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Question #6 - 10 Points Some education is funded by property taxes, whereas other forms of education are funded by charging tuition.

This question was answered on Sep 25, 2012. View the Answer
Question #6 - 10 Points
Some education is funded by property taxes, whereas other forms of education are funded by charging tuition.
Suppose that within a community, more money is needed for education. Assuming that they raise the same
amount of revenue, would the rising cost of education have the same e¤ect on the desired number of children
regardless of whether the system was funded by property taxes or tuition? Using the microeconomic theory
of fertility, trace the expected impacts. Draw a graph to answer this question.
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Economics-8359862.doc

According to the microeconomic theory of fertility a family’s decision to raise children is not only
based on society’s natural capital or the local wage levels but is also based upon private...

This question was asked on Sep 18, 2012 and answered on Sep 25, 2012.

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