Cost-Benefit Analysis and Cost-Effectiveness Analysis Are Essentially the Same Thing

question 12

True/False

Cost-benefit analysis and cost-effectiveness analysis are essentially the same thing.

---

Definitions:

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often resulting in prejudice and discrimination against other cultures.

Ethnocentrism

The act of evaluating other cultures according to preconceptions originating in the standards and customs of one's own culture.

Screened Out

The process of eliminating candidates or options that do not meet certain criteria or standards.

Unemployed

The status of a person who is able and willing to work but is currently without a job.