Take the following as truth: (Kohler's Dictionary) Credit subsidy cost is the estimated long-term cost to the government of direct loans or loan guarantees calculated on a net present value basis, excluding administrative costs.
Then the following statement: "Credit Subsidy Cost is not discussed or examined in higher level economic courses as the definition is highly known because it is taught at the elementary school level. " is true, false, or inconclusive?
Answer: False