Which of the Following Statements Is True of Cost-Benefit Analysis

question 158

Multiple Choice

Which of the following statements is true of cost-benefit analysis? (i) analysts are not able to observe price signals
(ii) costs are explicit and quantified quite easily
(iii) benefits are rough approximations

• A) (i) and (ii)
• B) (ii) and (iii)
• C) (i) and (iii)
• D) (i), (ii) and (iii)

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Definitions:

Introspection

The process of examining one's own thoughts and feelings, often used in psychology to analyze one's inner experiences.

Behaviorism

A theory of learning based on the idea that all behaviors are acquired through conditioning, focusing on observable behaviors rather than internal mental states.

Catharsis

A process of releasing, and thereby providing relief from, strong or repressed emotions.

Informed Consent

The process by which a fully informed person can participate in choices about their health care or participation in research.