Cost Benefit Analysis Answers

5 verified answers4 views
1
Free Preview

Which question would a government leader most likely ask when using a cost-benefit analysis to make a decision?

A
How will this decision affect people and society?
B
Is the cost-benefit analysis the best tool to use?
C
Is the cost-benefit analysis accurate?
D
How will other leaders feel about the decision?
3

When deciding whether to build a small or large courthouse, a government leader should identify

A
the social benefits of each size.
B
the economic costs of each size.
C
the political benefits of each size.
D
the political costs of each size.
4

The chart below shows the economic cost of two school lunches.

Question illustration
d
dessert.
s
side dish.
b
beverage.
m
main course.
5

A government conducting a cost-benefit analysis must consider

p
political and legislative consequences.
p
political and unintended consequences.
s
social and legislative consequences.
s
social and political consequences.
6

A potential cost for a government leader using a cost-benefit analysis is

A
a higher chance of disagreement.
B
lower financial benefits.
C
higher financial costs.
D
a lower chance of reelection.
7

Which is an economic effect of adding healthier options to a school lunch program?

r
raising the prices of main and side dishes
e
eliminating desserts from the menu
l
lowering the prices of main and side dishes
e
eliminating side dishes from the menu
8

The chart below shows the economic costs of two school lunches.

Question illustration
A
beverage.
B
main course.
C
dessert.
D
side dish.
9

What is a potential benefit of offering a health and wellness program to government workers?

W
Workers will have to pay less for lunches they buy at work.
W
Workers will get sick less and miss fewer days of work.
W
Workers will have to pay more for lunches they buy at work.
W
Workers will get better faster and miss fewer days of work.
10

In a cost-benefit analysis done by a government, “cost” is defined as

A
something positive.
B
a wise choice.
C
something negative.
D
a bad choice.
11

To determine the total economic cost of building a courthouse, a government leader should

A
multiply the cost of labor by the cost of materials.
B
add the cost of labor and materials.
C
subtract the cost of labor from materials.
D
divide the cost of labor by the cost of materials.
12

The chart below shows the economic cost of two school lunch

Question illustration
A
The healthier lunch is more expensive because it helps to reduce childhood obesity.
B
The healthier lunch is more expensive because its beverage costs more.
C
The healthier lunch is more expensive because its dessert costs more.
D
The healthier lunch is more expensive because it uses better-quality ingredients.
13

A healthy school lunch that is $0.75 more than the current lunch has a higher economic .

Answer not available
14

The main goal of using a cost-benefit analysis is to reach a .

Answer not available
15

For which type of programs would a government most likely use a cost-benefit analysis? Select three options.

A
changing a school lunch program
B
building a small or large courthouse
C
hiring new police officers and firefighters
D
planning when to repave a road
E
hiring new teachers for a school
16

An important part of a cost-benefit analysis is identifying

A
social customs.
B
economic consequences.
C
economic forecasts.
D
social reforms.
17

Government leaders have decided to build a new school for the local school district.For which projects would a government leader most likely use a cost-benefit analysis? Select four options.

A
The exterior color of the building.
B
The type of technology used within the school.
C
The equipment needed in the cafeteria to provide healthy or unhealthy lunches.
D
The installation of a fountain at the front of the building.
E
The equipment needed for art facilities within the school.
18

The chart below shows the economic cost of two school lunches.

Question illustration
A
it contains a larger portion than the current lunch.
B
it uses a substitute item that is more expensive.
C
it tastes better than the side dish in the current lunch.
D
it reduces childhood obesity in a more effective way.
19

An economic of building a small courthouse instead of a large one is that it would require fewer materials.

Answer not available

Did you find these answers helpful?