Each of the Following Explains Why Cost-Benefit Analysis Is Difficult

question 397

Multiple Choice

Each of the following explains why cost-benefit analysis is difficult except

• A)there is no price with which to judge the value of a public good.
• B)surveys are often biased and unreliable.
• C)it is difficult to identify all factors that influence costs and benefits of public goods.
• D)government projects rarely have sufficient funding to complete them on time.

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Definitions:

Dealer Market

A financial market mechanism wherein buy and sell transactions are made through a dealer, or market maker, rather than through a centralized exchange.

Auction Market

A marketplace where buyers and sellers enter competitive bids simultaneously, with the price determined through the interaction of these bids.

NASDAQ

A global electronic marketplace for buying and selling securities, as well as the benchmark index for U.S. technology stocks.

NYSE

The New York Stock Exchange (NYSE) is one of the largest stock exchanges in the world, where public companies' stocks are bought, sold, and traded.