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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Unit 5.1 Discussion

Unit 5.1 Discussion

Q Unit 5.1 Discussion: Cost-benefit vs. Cost-effectiveness Analysis Select a contemporary public policy and discuss how cost-benefit and cost-effectiveness analysis decision making tools might have been used in consideration of the benefits of the policy. Explain how you would evaluate the policy in terms of formative and/or summative evaluation.

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Dear Professor and class, The American government is answerable to the people or responsible to them. Elected officials make public policy, but the electorate picks them. Voting for one candidate over another directly influences governmental decisions. Millions of individuals enjoy the freedom to vote. Every voter influences governmental decisions. Every vote matters. Evaluating contemporary public policy is technical, but here in this discussion, we discuss some points that would help us evaluate the differences. One of the major constraints of cost-benefit analysis is that each government agency has a strong interest in projecting favourable cost-benefit ratios for its initiatives.