Question 1

A state is considering two different environmental projects that offer the net benefit streams displayed in the table below: Benefits ($) in Year:
 .
Which project offers the greatest present value at a discount rate of 10%?

Accepted Answer

A) Project A 
B) Project B 
C) Project C 
D) The projects are equal in the present value of their net benefits

Question 2

Vertical equity treats

Accepted Answer

A) people in the same circumstances identically 
B) people in the same circumstances proportionately 
C) people in different circumstances differently 
D) none of the above

Question 3

_________ is a type of risk analysis that focuses on looking at different policy options and the levels of risk they may entail.

Accepted Answer

A) risk-benefit analysis 
B) comparative-risk analysis 
C) risk characterization 
D) exposure analysis

Exam 6: Framework of Analysis

A state is considering two different environmental projects that offer the net benefit streams displayed in the table below: Benefits ($) in Year: . Which project offers the greatest present value at a discount rate of 10%?

Vertical equity treats

_________ is a type of risk analysis that focuses on looking at different policy options and the levels of risk they may entail.