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.

Political Science

You might also like to view...

Texas has all of the following types of local government EXCEPT

A. counties. B. school districts. C. townships. D. cities.

Political Science

Which of the following would be the clearest example of a state using economic power to achieve a political objective?

a. Canada donating funds to rebuild ports damaged by hurricanes in Haiti b. Israel donating to schools for diaspora Jews in Latin America c. China granting tax breaks to the communist government of North Korea d. Cuba dispatching medical teams to war-torn Congo

Political Science