Historical Policy Analysis Cannot Provide

question 8

Multiple Choice

Historical policy analysis cannot provide:

• A)Neat formulas for avoiding past mistakes with clear descriptions of what caused certain events.
• B)Suggestions from past failures and successes of what might work today.
• C)An awareness of the importance of social,political,and economic factors in policy issues.
• D)An understanding of where we've been in order to understand where we are today.

---

Definitions:

MC

An abbreviation often used for Marginal Cost, which represents the cost of producing one more unit of a good.

AP

Advanced Placement, a program in the United States and Canada offering college-level curriculum and examinations to high school students.

AVC

Average Variable Cost; the total variable costs divided by the number of units produced, indicating the variable expense per unit of output.

MP

Marginal Product, which refers to the increase in output that results from employing an additional unit of input, holding all other inputs constant.