Before Considering Any Public Project, the Government Should (I)

question 268

Multiple Choice

Before considering any public project, the government should (i)
Compare the total cost and total benefits of the project.
(ii)
Conduct a cost-benefit analysis.
(iii)
Infer that citizens who vote for a project are willing to pay equally for it.

• A)(i) only
• B)(ii) only
• C)(i) and (ii) only
• D)(i), (ii), and (iii)

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Definitions:

Conscious Awareness

The state of being mentally alert and having an active awareness of thoughts, feelings, sensations, and surroundings.

Oedipus Complex

An idea in the realm of psychoanalytic theory that denotes an unconscious sexual longing a child feels for their parent of the opposite sex, alongside feelings of jealousy towards their parent of the same sex.

Penis Envy

A term from Freudian psychoanalysis referring to a girl's supposed feelings of envy towards males for having a penis, seen as a critical phase in female psychosexual development.

Phallic Stage

A phase in Freudian psychosexual development, occurring from about ages 3 to 6, where the child's libido centers upon their genitalia as the erogenous zone.