Answer the questions after reading the instructions with the attachment file> 1.What criteria did you use to decide which areas received the most or least amount of the budget? What is….
Why are future benefits and costs converted into present values in benefit-cost analysis?
Word Limit: 2000 words
Due: By 11.59pm on Friday 20 March 2015
Why are future benefits and costs converted into present values
in benefit-cost analysis? Write an essay that:
1. carefully explains the economic basis for discounting the
value of benefits and costs that occur in the future (60% of
2. outlines how we might determine what the social rate of
discount is (40% of marks).
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