If a country should invest in education which level should
get the majority of the funds? Should High Schools and Elementary Schools get
the funding or should higher education? Which will have the greatest effect on
the PPF? Why?

2) Should the government fund education or should it be
funded privately? Why? Will the opportunity costs of each type of funding be
the same or will they differ? Explain. Make sure you use economic reasoning to
support your arguments.

3) Discuss the opportunity cost of educational funding. If
education funding should be increased, how should the government pay for it?
Should it increase taxes? If so, on who? Should it cut other programs? Which
level of the government should be responsible for the additional funding,
Federal, State or Local? Why?