Multiple Choice
Which of the following is a limitation of cost-benefit analysis?
A) Difficulty choosing the correct discount rate
B) Difficulty measuring the value of a human life
C) Difficulty measuring the dollar value of gains / losses in utility
D) Both a and c are correct
E) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q5: Failure to achieve the maximum total net
Q6: Lost wages due to a medical disability
Q7: Which of the following is considered a
Q8: Cost-effectiveness analysis is useful in deciding if
Q9: Economists assume people behave rationally. If this
Q11: The use of a larger discount rate
Q12: Money spent on transportation to a medical
Q13: Cost-effectiveness analysis assumes that _.<br>A) the outcome
Q14: Discounting involves _ by (1 + r)<sup>t</sup>
Q15: The _ equates the value of a