E. 5.99 5. Higher house prices in neighborhoods where school districts spend more on schools can be caused by a. Better school quality that comes from higher levels of spending. b. Households that view spending on schools as a signal for the overall level of public goods. c. The correlation between neighborhood income and the tax base that funds public schools. d. B&C only. e. All of the above. 6. Opponents of policy and legislation that increases school spending often argue that a. \"helicopter drops\" of cash will never improve schools. b. random increases in school spending will only negatively impact the \"outcomes of students at the targeted schools. c. bad schools often arrange inputs in a way that adding cash cannot solve. d. publicly funded education should never eXist in a well-functioning economy. e. None of the above. 7. With regards to house price capitalization, the net effect of raising property taxes to fund teacher salaries on house prices can be used to study the efciency of spending'on teacher salaries. True or false: if house prices on average do not change following a small increase in school spending on teachers, it is because the way nearby schools spend money is inefcient