The ______ approach to valuation questions the people directly involved with the project about their own valuation of costs and benefits.
A. consumer’s surplus
B. opportunity cost
C. social choice
D. willingness-to-pay
D. willingness-to-pay
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The major obstacle to developing a definitive standard for obscenity cases is that obscenity is
a. very popular. b. very difficult to define. c. very rare. d. clearly protected under the First Amendment. e. none of the above.
Which is the best-known form of government privatization?
a. government contracts for necessary services b. divestiture c. third-party financing d. Social Security and other entitlements
Stalin used Five-Year Plans to ________
a. force industrialization in the 1930s b. purge the Red Army of disloyal commanders c. control all areas of the Soviet Union within the first five years of his rule d. build up the military along the Sino-Soviet border e. capture additional territories for the Soviet Union to expand
The Constitutional Convention of 1787 was brought about by which of the following?
A. Publication of the Treaty of Paris B. A request by President Washington C. The failure of the Articles of Confederation D. The publication of the Declaration of Independence E. The end of the Revolutionary War