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4 In Chapter 6 Assessing Policy Alternatives of their book Public Policy: Politics, Analysis, and Alternatives, Michael Kraft and Scott Furlong list and illustrate several
4 In Chapter 6 "Assessing Policy Alternatives" of their book Public Policy: Politics, Analysis, and Alternatives, Michael Kraft and Scott Furlong list and illustrate several common steps in conducting a Cost-Benefit Analysis (CBA). Which is NOT among them? (Select the correct answer.) Sum up and compare all the costs and benefits and conclude whether the costs outweigh the benefits of vice versa. Measure the ones that can be expressed in dollar terms and estimate or acknowledge those that cannot be expressed in dollar terms. Adjust the measurements based on the discount rate. Identify all the important cost and benefits. Combine the cost-benefit analysis with a social acceptance analysis before summarizing the results
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