A method of evaluating rules and regulations by weighing their potential costs against the potential benefits to society is known as
A) cost-reduction examination.
B) cost-benefit analysis.
C) bureaucratic oversight.
D) bureaucratic methodology.
E) presidential leadership over the bureaucracy.

Question

Quizplus · Accepted Answer

Cost-benefit analysis involves weighing the potential costs and benefits of rules and regulations to determine if they are worth implementing. This method helps policymakers make informed decisions about the effectiveness and potential consequences of their actions.

A Method of Evaluating Rules and Regulations by Weighing Their