3. Analytical Tools

Cost Benefit — Quiz

Test your understanding of cost benefit with 5 practice questions.

Read the lesson first

Practice Questions

Question 1

Which of the following is considered a 'cost' in a Cost-Benefit Analysis?

Question 2

What is the primary goal of 'discounting' in Cost-Benefit Analysis?

Question 3

When performing a Cost-Benefit Analysis, what does 'valuation of benefits' involve?

Question 4

A public policy project has an initial cost of $100,000$. The expected benefit in one year is $110,000$. If the discount rate is $10\%$ per year, what is the present value of the benefit?

Question 5

What is the main purpose of 'sensitivity analysis' in Cost-Benefit Analysis?
Cost Benefit Quiz — Public Policy | A-Warded