Which of the Following Can Always Be Considered Cost-Effective

question 8

Multiple Choice

Which of the following can always be considered cost-effective?

• A) An intervention that reduces the cost while increasing the net-benefit (net-effectiveness)
• B) An intervention that reduces the cost while reducing the net-benefit (net-effectiveness)
• C) An intervention that increases the net-benefit (net-effectiveness) while increasing the cost
• D) An intervention that reduces the net-benefit (net-effectiveness) while increasing the cost

Apply cyclical scheduling to determine staffing requirements and identify excess capacity.

Understand the principles of loan payments and calculate monthly payments for varying interest rates and terms.

Calculate the future value of single and multiple cash flows given different interest rates and time periods.

Determine the present and future values of annuities under various conditions including differing rates of return and payment periods.

---

Definitions:

Raw Scores

The unadjusted scores obtained directly from the number of questions answered correctly on a test or assessment.

Test-retest Reliability

The consistency of a test's results when the same subjects take the same test again after a period of time.

Standard Score

A score that has been transformed to fit a normal distribution, usually with a mean of 100 and a standard deviation of 15.

National Mean

The average score or value derived from a specific set of data collected across a nation.