The Basic Argument for Government Grants and Contracts in Support

question 56

Multiple Choice

The basic argument for government grants and contracts in support of civilian technology is that they

• A) make it easier to predict the social costs and benefits of a proposed project.
• B) are both direct and selective.
• C) provide better investment qualities than market incentives.
• D) enable the government to earn money on the patents it acquires as a result of these grants.
• E) decrease the market rate of interest on investment funds since banks need to be responsible for funding high-risk R&D activities.

Learn about the structure and application of specific career and aptitude assessment tools.

Grasp the concept of predictive validity in the context of career assessment tests.

Comprehend how career and occupational assessments fit within broader educational and psychological contexts.

Understand and identify the difference between interest inventories, multiple aptitude tests, and special aptitude tests.

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Definitions:

Short-Term Benefit

Refers to immediate rewards or perks provided to employees, including bonuses, sick leave, and temporary incentives.

Long-Term Benefit

Advantages or positive outcomes that accrue over an extended period, often associated with investments or strategic business decisions.

Shareholder Needs

The requirements or interests of individuals or entities that own shares in a corporation, often focused on return on investment.

Price Appreciation

The increase in the value of an asset or investment over time, not including the dividends or interest earned.