Please answer the 3 questions below with details and analysis.
1. With the foundation formula as designed, can you think of at least one scenarios (with regard to the variables and the determination of the size of grant) under which the grant distribution will lead to completely equal, or close to
completely equal, spending per student across the entire state?
2. What is the one advantage of foundation formula over district power equalization formula? And what is one advantage of district power equalization formula over foundation formula?
3. From the table on state higher education appropriation over the years, which is available from D2L course site’ “Content” file folder under the name “Tables”, one pattern of the growth in appropriation is that the growth rate since the 1980s, on average, has been much slower than that in the two decades prior. What is another noticeable patten in the annual growth rate since the 1980s? And what is the reason behind that pattern?
I have uploaded the table for the 3rd question and also the class notes that is related to the three questions and the textbook as well. Please use them all as your references. Thank you very much