In Ethical Terms, a Cost-Benefit Analysis Is an Assessment of the Negative

question 27

True/False

In ethical terms, a cost-benefit analysis is an assessment of the negative and positive effects of alternative actions on individuals.​

---

Definitions:

Health and Medical Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, often including preventive care and treatments.

Service Sector

Constitutes the segment of the economy focused on providing services instead of producing goods, including industries such as healthcare, education, and financial services.

Financial Services

Refers to economic services provided by the finance industry, including banks, credit unions, and insurance companies, encompassing a broad range of money management activities.

Manufacturing Sector

A sector of the economy that is involved in the production of goods through the processing of raw materials and assembly of components.