Assuming society places value on the Arts, it makes more economic sense in terms of externalities...
Assuming society places value on the Arts, it makes more economic sense in terms of externalities for government to provide more for funding for those students pursuing degrees in the Arts than in Engineering or Business.
True or False
Explain
Homework Answers
Answer: True statement.
Generally Engineering education has larger positive externalities relative to art education. But here society values Arts larger than Engineering. So This is right statement. There will be larger positive externalities of arts education.
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