A Systematic and Organized Way to Evaluate Problems, Policy Alternatives

question 35

Multiple Choice

A systematic and organized way to evaluate problems, policy alternatives, or the effectiveness of government programs is referred to as _____.

• A) policy formulation
• B) policy legitimation
• C) policy analysis
• D) policy capacity

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Definitions:

Pay Off

To settle a debt or obligation by making a payment, either in partial settlements or in full, to clear the owed amount.

Car Loan

A car loan is a financial agreement where a lender provides funds to a borrower for the purchase of a vehicle, which is paid back with interest over a set period.

Compounded Monthly

A method of calculating interest where the interest earned is added to the principal each month, and the next month's interest is calculated on this new total.

Interest Rate

The proportion of a total amount of money that is levied for borrowing it, usually stated as an annual rate.