Who Are the Three Partners in an Iron Triangle

question 12

Multiple Choice

Who are the three partners in an iron triangle?

• A) Civil servants, legislators, and lobbyists.
• B) Lobbyists, interest groups, and legislators.
• C) Civil servants, legislators, and policy advocates.
• D) Interest groups, social workers, and legislators.

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Definitions:

Cash Payback Period

The duration it takes for a project or investment to repay its initial cost from the cash inflows it generates.

Annual Net Cash Flows

The difference between a company's cash inflows and outflows within a fiscal year.

Net Present Value

The difference between the present value of cash inflows and outflows over a period of time, used in capital budgeting to assess the profitability of an investment.

Present Value Index

A financial metric that evaluates the profitability of an investment or project by comparing the present value of cash inflows to the present value of cash outflows.