Which of the following correctly identify ways in which cost-effectiveness analysis differs from cost-benefit analysis? You may select multiple answes. A. In a CBA costs and benefits in the distant future are not ignored, but they are in a CEA. B. In a CBA, revealed preference measures can be used as a method of measuring impacts but they are not in a CEA. C. A CBA does not attempt to evaluate efficacy, but a CEA does. D. A CBA monetizes both costs and benefits, whereas CEA only monetizes costs. E. A CBA fails to consider effects on income distribution but a CEA does.
Which of the following correctly identify ways in which cost-effectiveness analysis differs from cost-benefit analysis? You may select multiple answes. A. In a CBA costs and benefits in the distant future are not ignored, but they are in a CEA. B. In a CBA, revealed preference measures can be used as a method of measuring impacts but they are not in a CEA. C. A CBA does not attempt to evaluate efficacy, but a CEA does. D. A CBA monetizes both costs and benefits, whereas CEA only monetizes costs. E. A CBA fails to consider effects on income distribution but a CEA does.
Chapter6: Population Health
Section: Chapter Questions
Problem 8QAP
Related questions
Question
Which of the following correctly identify ways in which cost-effectiveness analysis differs from cost-benefit analysis? You may select multiple answes. A. In a CBA costs and benefits in the distant future are not ignored, but they are in a CEA. B. In a CBA, revealed preference measures can be used as a method of measuring impacts but they are not in a CEA. C. A CBA does not attempt to evaluate efficacy, but a CEA does. D. A CBA monetizes both costs and benefits, whereas CEA only monetizes costs. E. A CBA fails to consider effects on income distribution but a CEA does.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps

Recommended textbooks for you


Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax

Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc


Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax

Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc

Economics (MindTap Course List)
Economics
ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning

