assume people live for 2 time periods: youth (period 1) and adult (period 2). Youths esther go to school or work. If they go to school, they earn zero. If they work they earn As adults, everyone works.An educated adult earns $4000 while an uneducated adult earns $2200.Assume the interest rate is 10% and the government pays $300 of the total cost of schooling which has a price of $500 per student. Calculate the net private benefit and the social rate of return.

$536.36, 67 %

$636.36, 38 %

$700.00, 10 %

$636.36, 64 %

$336.36, 38 %