In Evaluating Public Programs, Benefit-Cost Analysis

question 33

Multiple Choice

In evaluating public programs, benefit-cost analysis:

• A) takes into account only the benefits that society gains from public programs.
• B) states that a program should be undertaken only if it generates revenue.
• C) states that a program should be undertaken only if total benefits exceed total costs.
• D) takes into account only the direct costs of the program.
• E) states that a program should be undertaken only if there are no indirect costs.

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Definitions:

Thought Causes

This term is not standard in psychological or medical literature and requires clarification; thus, no definition can be provided.

Cognitive Development

The process through which individuals acquire the ability to think, learn, and understand as they progress through childhood to adulthood.

Conservation

The principle in cognitive development that recognizes the ability to understand that redistributing material does not affect its mass, number, or volume.

Cognitive Development

The process by which individuals acquire the ability to think, learn, reason, and remember over time, often associated with childhood development.