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a. What are the spillover benefits of education? How do such benefits distort the allocation of resources to education? (5 marks) b. According to Dr.

a. What are the spillover benefits of education? How do such benefits distort the allocation of resources to education? (5 marks)

b. According to Dr. Andrew Lee (in his interview with Dr. Jan Libich) "Australia's school kids in year 8 or 9 aren't scoring better than they did a generation ago". Discuss the factors which have contributed to this drastic fall of student achievements in Australia. (5 marks)

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