Labor Unions Answers

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1
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An important part of a cost-benefit analysis is identifying

A
social customs.
B
economic consequences.
C
economic forecasts.
D
social reforms.
3
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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
4

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
5

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

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.
6

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.
7

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

Question illustration
A
dessert.
B
side dish.
C
beverage.
D
main course.
8

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.
9

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

Question illustration
A
beverage.
B
main course.
C
dessert.
D
side dish.
10

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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