A Measure of Program Effectiveness Frequently Used to Assess Not-For-Profit

question 7

True/False

A measure of program effectiveness frequently used to assess not-for-profit organizations is the ratio of program expenses to total expenses.

---

Definitions:

Rent Control

Government-imposed restrictions on the maximum rent that landlords can charge tenants, usually with the aim of making housing more affordable.

Price Ceiling

A price ceiling is a government-imposed limit on how high a price can be charged for a product or service, intended to protect consumers from excessive costs.

Price Ceiling

A legally established maximum price that can be charged for a product or service, often set by government to prevent prices from reaching excessively high levels.

Equilibrium Price

The price at which the quantity of a good or service demanded by consumers is equal to the quantity supplied by producers, resulting in a state of balance.