A method used to determine how to best employ resources in a given social program or public-sector investment project is called:

Question

Quizplus · Accepted Answer

Cost-effectiveness analysis is the most appropriate method for determining the most efficient use of resources in social programs or public-sector investment projects. This method assesses the costs of implementing different programs or projects in relation to the outcomes they produce, allowing decision-makers to identify and prioritize the most effective interventions. The other options listed, social net present value analysis, social benefit-cost ratio analysis, and social internal rate of return analysis, are all methods used to evaluate the economic feasibility of a project, but they may not consider the social and environmental impacts of a project or program.

A Method Used to Determine How to Best Employ Resources