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How many of the following statements about the economics of education are true? 1) Rational choice…

All five statements are true. Rational choice helps families compare schools, and human capital theory relates education to productivity and earnings. David Easton…

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How many of the following statements about the economics of education are true?

1) Rational choice theory (RCT) helps families compare schools.
2) Productivity and earnings are focused on in human capital theory.
3) David Easton identified core principles of political behaviouralism.
4) Systems analysis theory was popularized by David Easton.
5) In policy formulation, problems are analysed, goals defined and potential solutions developed.

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Answer and explanation

Correct answer A

All five statements are true. Rational choice helps families compare schools, and human capital theory relates education to productivity and earnings. David Easton identified principles of political behaviouralism and developed political systems analysis. Policy formulation includes analysing problems, defining goals and developing possible solutions.

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