Most economists agree that the best way to evaluate policy is to:
A) learn if the policy can be determined through a democratic political process, not simply imposed by a bureaucracy.
B) determine whether the public thought that the government had done all it could do to solve the problem.
C) know whether the intentions behind the policy were good intentions.
D) compare the actual benefits of the policy with the actual costs.

Question

Quizplus · Accepted Answer

Economists typically evaluate policies based on a cost-benefit analysis, comparing the actual benefits and costs to determine the policy's effectiveness and efficiency.

Most Economists Agree That the Best Way to Evaluate Policy