What Are the Differences Between a Cost-Effectiveness Analysis and a Cost-Benefit

question 18

Multiple Choice

What are the differences between a cost-effectiveness analysis and a cost-benefit analysis?

• A)Cost-effective analysis is prospective, and cost-benefit analysis is retrospective.
• B)Cost-effectiveness analysis in outcomes research focuses on health outcomes, whereas cost-benefit analysis may or may not focus on health outcomes.
• C)Cost-benefit analysis addresses cost as the opposite of benefit, whereas cost-effectiveness analysis treats cost as a limited resource.
• D)Cost-benefit analysis does not consider anything except financial cost, whereas cost-effectiveness analysis considers intangible costs as well.
• E)Cost-effectiveness analysis always considers financial cost as one of its variables, whereas cost-benefit analysis may or may not do so.

---

Definitions:

Cohesiveness

The quality of forming a united whole, especially in social groups, characterized by mutual agreement, solidarity, and attachment among members.

Urbanization

The process by which a community acquires the characteristics of city life.

World Population

The total number of human beings currently living on Earth, which is subject to change due to birth rates, death rates, and migration patterns.

Infant Mortality Rate

is a measure indicating the number of deaths of infants under one year of age per 1,000 live births in a given year, used as an important indicator of the health status of a population.