The Basic Argument for Government Grants and Contracts in Support

Multiple Choice

The basic argument for government grants and contracts in support of civilian technology is that they

A) make it easier to predict the social costs and benefits of a proposed project.
B) are both direct and selective.
C) provide better investment qualities than market incentives.
D) enable the government to earn money on the patents it acquires as a result of these grants.
E) decrease the market rate of interest on investment funds since banks need to be responsible for funding high-risk R&D activities.