Education · Economics of Education
Which of the following statements best distinguishes Cost-Benefit Analysis (CBA) from Cost-Effectiveness Analysis (CEA) in education?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1CBA converts both costs and benefits into monetary terms, whereas CEA compares monetary costs relative to specific non-monetary educational outcomes.✓
- 2CBA measures outcomes in physical units, while CEA converts all outcomes into monetary terms.
- 3Both CBA and CEA follow identical approaches for non-monetary valuation.
- 4CEA completely ignores the monetary costs of educational interventions.
Correct answer
CBA converts both costs and benefits into monetary terms, whereas CEA compares monetary costs relative to specific non-monetary educational outcomes.
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