Which of the Following Are Important in Establishing Accountability of a Program

question 19

Multiple Choice

Which of the following are important in establishing accountability of a program or an intervention?

• A)Courts and government
• B)Insurance providers
• C)Clients
• D)All of the above

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Definitions:

Adam Smith

An 18th-century Scottish economist and philosopher known as the father of modern economics and author of "The Wealth of Nations."

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, representing the benefits one could have received by taking the alternative action.

Forgone Interest

The potential interest earnings lost by choosing one investment over another or by keeping money in a non-interest-bearing account.

Economic Growth

The increase in the amount of goods and services produced by an economy over time, typically measured as the percent rate of increase in real gross domestic product (GDP).