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:

Ethical Conduct

Behavior that is consistent with principles of moral and ethical standards in personal and professional activities.

Relational Transparency

A leadership behavior characterized by being open, honest, and candid in relations with others.

Servant Leadership

A leadership philosophy which emphasizes the leader's role as serving the needs of others first.

Kohlberg's Model

A theory outlining six stages of moral development, progressing from obedience and punishment orientation to principled conscience.