Compare and contrast cost-effectiveness analysis and cost–benefit analysis.
What will be an ideal response?
Both are measures of efficiency, that is, the benefits relative to the invested costs. Cost–benefit analysis monetizes the impacts or outcomes. Cost-effectiveness analysis does not attempt to put the benefits of an action in dollar terms; it assumes that benefits will occur using the alternatives and may select an alternative based on the least cost.
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Which of the following policies was recently enacted in order to help ensure that students are not saddled with too much student loan debt?
a. mandatory tuition waivers for all students maintaining a 3.8 GPA or better b. requirements that all colleges and universities that accept federal funds must create programs that allow undergraduate students to complete their degree in three years c. guaranteed employment for the first three years after graduation d. a cap on repayments at 10 percent of income with the entire balance forgiven after 20 years
Plutocracy is rule by
a. interest groups. b. a king or queen. c. a single selfish ruler. d. the people. e. the wealthy.
During which of the following events did U.S. military spending comprise the highest percentage of federal spending?
a. the Vietnam War b. the Reagan administration c. the war in Iraq d. the war in Afghanistan
How people experience political events affects the way that they understand politics and develop political attitudes in three ways. What are they?
a. family effects, generational effects, and social effects b. family effects, hierarchical effects, and symbolic effects c. hierarchical effects, period effects, and symbolic effects d. period effects, generational effects, social effects e. period effects, life-cycle effects, and generational effects