The value that society places on consumption that is sacrificed in the present is called
A) social marginal damages.
B) social rate of discount.
C) social returns.
D) social marginal costs.
Correct Answer:
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Q8: For a government to be efficient, a
Q9: A social rate of discount measures the
Q10: Real dollar amounts are essentially the same
Q11: When the benefit-cost ratio of a project
Q11: Money values indexed to a given period
Q14: Inflation favours
A)lenders.
B)borrowers.
C)neither borrowers nor lenders.
D)both borrowers and
Q15: Refer to the figure below. If the
Q16: Counting as benefits of the project the
Q17: When the benefits or costs of a
Q18: Cost-benefit analysis is
A)impossible since benefits and costs
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