What is cost-benefit analysis as applied to the executive branch?
A) a method of evaluating rules and regulations by weighing their potential costs against the potential benefits to society
B) a method of determining the size of the federal government and whether it is too big or too small
C) a new department created to manage the budget of all other departments in the bureaucracy
D) a method of managing the growth of regulations by calculating their cost to society as compared to the cost of other regulations
E) an evaluation method done by each member of the cabinet to determine the net worth of their department

Question

Quizplus · Accepted Answer

Cost-benefit analysis is a method of evaluating rules and regulations by weighing their potential costs against the potential benefits to society. In the executive branch, this analysis can help inform decision-making around implementing new policies or regulations, as well as assessing the costs and benefits of existing policies or regulations.

What Is Cost-Benefit Analysis as Applied to the Executive Branch