A-level Paper 1, November 2020Markets and Business Behaviour
A-level Paper 1, November 2020, Q2(b)
On average, in the UK, a working-age graduate earns approximately £10 000 more per year than a non-graduate. This suggests a university degree provides a substantial
Multiple choice1 mark
Context
The external benefits of higher education include increased tax revenue, faster economic growth, greater innovation and labour market flexibility.
Aexternal benefit
Bexternal cost
Cprivate benefit
Dsocial cost
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