Cost-Benefit Analysis Is the Public Sector Counterpart to ____ Used

question 34

Multiple Choice

Cost-benefit analysis is the public sector counterpart to ____ used in private,profit-oriented firms.

• A) ratio analysis
• B) break-even analysis
• C) capital budgeting techniques
• D) economic forecasting
• E) none of the above

---

Definitions:

Retrospective Study

A research design that looks back in time to analyze data from past records to investigate a particular outcome or phenomenon.

Prospective Study

A research design that follows participants forward in time to examine the relationship between specific exposures and outcomes.

Clinical Trial

A research design that tests the effects of medical treatment. Many clinical trials are randomized controlled trials that allow researchers to determine whether a new treatment is or is not effective.

Ex Post Facto Study

A research design that examines the effects of an independent variable on a dependent variable, where the study is conducted after the events have occurred.