Before Considering Any Public Project, the Government Should

question 196

Multiple Choice

Before considering any public project, the government should
(i) compare the total cost and total benefits of the project.
(ii) conduct a cost-benefit analysis.
(iii) infer that citizens who vote for a project are willing to pay equally for it.

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

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Definitions:

Punch

An impact tool used to drive out pins, rivets, or shafts, or to scribe/mark components for identification.

Return Stroke

The motion of a piston or lever returning to its original position after completing a pressing or striking action.

TPI

Threads Per Inch; a measure of the fineness of threads in screws, bolts, and other threaded fasteners, indicating how many threads exist in a one-inch length.

Light Angle Iron

A piece of iron or steel formed into a 90-degree angle that is lightweight and used in construction or manufacturing for bracing or framing.