Cost- Benefit Analysis

question 75

Multiple Choice

Cost- benefit analysis:

• A)makes sure that the government can compensate all the losers.
• B)stresses the importance of the distribution of benefits across economic agents.
• C)makes sure there are more winners than losers.
• D)a project is undertaken if the net social benefit is positive.

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Definitions:

Pluralist Model

A theory of society that emphasizes the role of diverse and competing interest groups in shaping public policy and law.

Interest Groups

Organizations formed to influence public policy and decision-making to reflect their members' concerns.

Mills's Criticism

Refers to the critique by sociologist C. Wright Mills of large-scale institutions and their effect on individual's lives, advocating for a greater understanding of the connection between "personal troubles" and "public issues."

Nationalism

The strong identity associated with an extreme sense of allegiance to one’s culture or nation.