Question

Of the below, which of the following inputs into the education production function are potentially observable? Note that even if an input has a potential proxy that is observable, you should still count it as not observable. Per-pupil spending on instruction. Teacher's work ethic. Neighborhood's tax base. Teacher's education. Principal's quality. Student motivation. Parent's ACT scores. Family income.

Answer 1

The following inputs into the education production function are potentially observable :-

1) Per-pupil spending on instruction

2) Neighbourhood's tax base

3) Teacher's education

4) Parent's ACT scores

5) Family income

All the other inputs are not directly observable.