The intended social benefits that motivate policymakers to expend resources on the policy are a policy's____.

A) Marginal Benefit

B) Private social benefit

C) Objectives

D) Economic surplus

A policy can include all of the following except?

A) Taxes on imports

B) Projects to build wells for drinking water

C) Creation of a microfinance institution

D) All of the above are potential policies

Which of the following is an example of an unintended consequence of a policy?

A) When a woman's role in family decision making triggers domestic violence

B) Increase sense of security/ decrease in vulnerability

C) Increased school attendance

D) Increased woman's role in family decision making

A policy's objectives include___.

A) Setting the target group

B) Social costs

C) Typically involves improving the well-being for society as a whole

D) Spillover and feedback effects

Some policies only achieve their objectives indirectly through spillover effects for example:

A) A program provides loans to small business in the hopes that increased labor demand will increase wages for unskilled labor

B) Agricultural research and extension programs who aim to increase the well-being of adopting famers

C) A resulting increase in food prices from a policy mean some poor become worse off as a result of the policy

D) When a cash transfer program increases some incomes of the non-poor.