Which Is the Correct Sequence in the Policy Analysis Process

question 60

Multiple Choice

Which is the correct sequence in the policy analysis process?

• A) set agenda, formulate policy, legitimize policy, implement, and evaluate
• B) define and Analyze problem, analyze policy alternatives, develop criteria, and assess
• C) define problem, gather data, and operationalize problem
• D) analyze problem, set criteria, implement policy and regulations, and legitimize

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Definitions:

Economically Inefficient Outcomes

Situations where resources are not allocated optimally, resulting in lost potential utility or value.

Economists

Professionals who study the production, distribution, and consumption of goods and services.

Deregulation

The reduction or elimination of government power in a particular industry, usually with the aim of creating more competition within the industry.

Monopoly

A market structure characterized by a single seller who has exclusive control over the supply and pricing of a unique product or service.