Multiple Choice
In the expression for present value of benefits (PVB) , Σ(bt/[1+rs]t) , with bt = Bt/(1 + p) t,
A) bt represents incremental nominal benefits
B) Bt represents incremental real benefits
C) bt represents incremental real benefits
D) p stands for the opportunity cost of money
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Selecting the social discount rate is among
Q17: Achieving cost-effectiveness means that the present value
Q18: In order for a policy option to
Q19: Matters of equity are explicitly integrated into
Q20: The present value of benefits (PVB) is
Q22: In conducting a benefit-cost analysis, it is
Q23: The discount rate used for public policy
Q24: The present value of $525 received one
Q25: If the nominal value of a benefit
Q26: When benefit-cost analysis is used to facilitate