05 June 2011

The Difference Between the Private and Pubic Sectors

When teaching macroeconomics, I wrote a test asking students about the difference between the public and private sectors. It was not until I was grading the tests that I realized that I'd made a typo. The question as I'd actually written it was, Describe the difference between the private and pubic sectors.

Former presidential candidate John Edwards apparently suffered from similar confusion.

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