4. Study Questions and Problems #4 "Schools are not in the business of pleasing parents and students, and they cannot be allowed to set their own agendas. Their agendas are set by politicians, administrators, and various constituencies that hold the keys to political power. The public system is built to see to it that the schools do what their government wants them to do-that they conform to the higher-order values their governors seek to impose." True or False: This statement is most characteristic of a traditional economy. True O False

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter1: Ten Principles Of Economics
Section: Chapter Questions
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4. Study Questions and Problems #4
"Schools are not in the business of pleasing parents and students, and they cannot be allowed to set their own agendas. Their agendas
are set by politicians, administrators, and various constituencies that hold the keys to political power. The public system is built to see to
it that the schools do what their government wants them to do-that they conform to the higher-order values their governors seek to
impose."
True or False: This statement is most characteristic of a traditional economy.
True
O False
Transcribed Image Text:4. Study Questions and Problems #4 "Schools are not in the business of pleasing parents and students, and they cannot be allowed to set their own agendas. Their agendas are set by politicians, administrators, and various constituencies that hold the keys to political power. The public system is built to see to it that the schools do what their government wants them to do-that they conform to the higher-order values their governors seek to impose." True or False: This statement is most characteristic of a traditional economy. True O False
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