The Economic Value of a Social Program When Compared to the Costs

question 46

Multiple Choice

The economic value of a social program when compared to the costs of that program is established in ______.

• A)a cost-benefit analysis
• B)a cost-effectiveness analysis
• C)a process analysis
• D)a summative assessment

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Definitions:

Adulthood

A phase of life characterized by the completion of physical growth, the assumption of adult responsibilities, and legal recognition of majority.

Crystallized Intelligence

The ability to use skills, knowledge, and experience gained over time. It contrasts with the ability to reason quickly and abstractly.

Fluid Intelligence

Refers to the ability to think logically and solve problems in novel situations, independent of acquired knowledge.

Age

The length of time that an individual has lived or a thing has existed, typically measured in years.