What Problem(s) May Be Encountered in the Policy Establishment Stage

question 2

Multiple Choice

What problem(s) may be encountered in the policy establishment stage?

• A) Lack of sound scientific data
• B) Inability to coordinate and assess research information
• C) Poorly defined problems
• D) Lack of government support
• E) None of these is correct.

---

Definitions:

Investment

The allocation of resources, such as capital, to generate income or profit.

Standard of Living

A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a certain geographic area.

Municipal Bonds

Municipal bonds are debt securities issued by states, cities, counties, and other governmental entities to fund day-to-day obligations and to finance capital projects such as building schools, highways, or sewer systems.

Tax Treatment

The way in which a particular financial transaction or investment is taxed by government policy, affecting incentives and behaviors.