The ______ Stage of Policy Development Looks at the Efficacy

question 31

Multiple Choice

The ______ stage of policy development looks at the efficacy of the policy.

• A)identification
• B)implementation
• C)evaluation
• D)adoption

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Definitions:

Rate of Return

The gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.

Equivalent Annual Cost

A financial metric used to compare the cost-efficiency of different investments or projects with different lifespans, by calculating their annual costs.

Present Value

The present day value of an anticipated future amount of money or series of cash receipts, calculated with an established rate of return.

CCA Tax Shield

Refers to the reduction in taxable income for businesses through the deduction of depreciation on long-term assets.