Cost Benefit Analysis Answers

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For which type of programs would a government most likely use a cost-benefit analysis? Select three options.changing a school lunch programbuilding a small or large courthousehiring new police officers and firefightersplanning when to repave a roadhiring new teachers for a school

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
2
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A government conducting a cost-benefit analysis must consider

A
political and legislative consequences.
B
political and unintended consequences.
C
social and legislative consequences.
D
social and political consequences.
3

Which steps are part of doing a cost-benefit analysis? Select three options.predicting costsidentifying outcomescomparing costscalculating costsdelaying decisions

A
predicting costs
B
identifying outcomes
C
comparing costs
D
calculating costs
E
delaying decisions
4

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.
5

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

A
Workers will have to pay less for lunches they buy at work.
B
Workers will get sick less and miss fewer days of work.
C
Workers will have to pay more for lunches they buy at work.
D
Workers will get better faster and miss fewer days of work.
6

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.
7

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

A
raising the prices of main and side dishes
B
eliminating desserts from the menu
C
lowering the prices of main and side dishes
D
eliminating side dishes from the menu
8

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?
9

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.

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