Which Expense Is an Indirect Program Cost

question 95

Multiple Choice

Which expense is an indirect program cost?

• A)office space rental
• B)salaries of program personnel
• C) travel expenses
• D) equipment costs

---

Definitions:

Centrally Planned Economies

Economies in which the government makes all decisions about the production and distribution of goods and services.

Production Targets

Objectives set by a company to manufacture and produce a certain amount of goods within a specific timeframe.

Circular Flow Model

An economic model illustrating the flow of goods, services, and funds between households and firms in an economy.

Resource Market

A market where primary factors of production such as labor, capital, and natural resources are bought and sold.