One policy objective of the federal government is to provide greater access to college education for those
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One policy objective of the federal government is to provide greater access to college education for those who are less able to afford it. Recently many state governments have passed budgets that have significantly reduced funding for state universities. Using supply and demand analysis, what is the likely effect on the price of a university education to potential students? What does your model predict in terms of the number of people who will complete a university education?
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