Economics · May / June 2023 · Paper 12 · Question 8
2281Market failure
What might be an external benefit of an increase in the number of university graduates in an economy?
- Aan increase in revenue for the universities from fee-paying students
- Ban increase in tax revenue from a more productive labour force
- Can increase in graduate employment as a percentage of the working population
- Dan increase in wages for graduates
As printed in the paper
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Correct answer: B. an increase in tax revenue from a more productive labour force
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