Explain the general approach to conducting a cost–benefit analysis.
What will be an ideal response?
The stages should be listed as follows: identify the costs and the benefits of a policy or program, calculate the costs and estimate the dollar value of benefits, adjust the estimates for changes in value over time, and sum the costs and benefits and compare them.
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Justin was accused of dealing drugs. He can plead guilty to get a lighter sentence from the court
Indicate whether the statement is true or false.
A study conducted by the League of Women Voters in 1996 suggests that many people do not vote because they hate America
Indicate whether the statement is true or false.
Which of the following arguments by critics of MNCs has not been used?
a. MNCs divert capital needed for economic development in Third World countries into areas that the MNCs themselves need, and thus slow economic development. b. MNCs are undermining local cultures by creating international standards of taste c. MNCs pollute Third World countries' environments without regard to the damage they cause, and also strip Third World states of their natural resources d. MNCs, because of their structure, are supportive of authoritarianism, and therefore undermine democratic governments in the Third World.
If the democratic peace theory holds true, it suggests that ________ could be eliminated through the spread of democracy.
Fill in the blank(s) with the appropriate word(s).