Deck 4: Policy Analysis

Question 1

An economic outcome that may produce gain for some individuals, but no loss for other individuals, is termed

A) Pareto-optimal.
B) governmental.
C) zero-sum.
D) This outcome is impossible.

Answer 1

A

Question 2

If the price of a good is set at a level higher than the cost of the good produced, then

A) the seller might realize a gross profit.
B) the seller might realize a net profit.
C) the demand for the good is likely to be high.
D) All of the above

Answer 2

D

Question 3

A good that is neither rivalrous nor excludable is

A) an undesireable good.
B) a pure public good.
C) a marketable good.
D) commonly known as a "widget."

Answer 3

A

Question 4

Policy analysis

A) is primarily concerned with analyzing the impact of existing policy.
B) is primarily concerned with comparing policy alternatives.
C) is the unsophisticated government analysis conducted by the media.
D) doesn't occur in incremental policy making.

Question 5

One common theme in public policy analysis is

A) that it is conducted by public officials.
B) that it is often liberally biased due to media influence.
C) that it tends to imply that particular public policies should exist.
D) All of the above

Question 6

According to the textbook, policy goals are most likely to be outlined and defined during the

A) policy choice stage.
B) issue framing stage.
C) relevance stage.
D) termination stage.

Question 7

One important distinction between quantitative analysis and qualitative analysis is

A) qualitative analysis is much more expensive.
B) qualitative analysis is much more time consuming.
C) qualitative analysis uses numbers to describe phenomena.
D) quantitative analysis has predictive power.

Question 8

The costs associated with choosing a particular policy over an alternative policy are commonly known as

A) aggregate costs.
B) negative benefits.
C) pure externalties.
D) opportunity costs.

Question 9

If policy option A has a B/C ratio of 0.94 and policy option B has a B/C ratio of 2.03, then
I) numerically, policy A is the better policy alternative .
II) numerically, policy B is the better policy alternative.
III) it is possible that neither is a better policy alternative.

A) I only
B) II only
C) II and III
D) III only

Question 10

White flight refers to

A) the in-migration of white people into multicultural communities.
B) the out-migration of white people from multicultural communities.
C) court-ordered segregation.
D) court-ordered desegregation.