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Title: In cost-benefit analysis, intangibles include such factors as: Post by: Shathena on Feb 27, 2018 In cost-benefit analysis, intangibles include such factors as:
a. quality of life considerations b. changes in land values resulting from a project c. aesthetic contributions d. a and b only e. a and c only QUESTION 2 Which is a screen against adverse selection a. Insurance companies require homeowners to have smoke detectors b. Rearview cameras in cars c. Installing engine monitors to track driving habits of the insured d. Prospective secretaries must take a typing test before being hired QUESTION 3 Which feature of a market would contribute most to overall social welfare? a. Low prices and high outputs b. Reduction in costs due to technological improvements c. The invention of new products d. Difficult to weigh a, b, and c without further information about society's preferences QUESTION 4 Public sector investment projects are economically justifiable only when: a. the discounted social benefits exceed the discounted social costs b. the internal rate of return exceeds the social discount rate c. the benefit-cost ratio exceeds zero d. a and b only e. a, b, and c QUESTION 5 An indication that Insurance companies anticipate adverse selection is a. they do not require a deductible b. they do not classify clients into different risk types according to their claim history c. they do not classify clients into different risk types according to pre-existing conditions d. they require a co-payment QUESTION 6 It is important to understand oligopoly markets because: a. although few real world markets are oligopolies, their existence raises interesting theoretical questions. b. oligopolies typically generate more deadweight loss than monopolies. c. oligopolies can generate a whole range of possible outcomes between monopoly and perfect competition. d. one can predict the market outcome exactly just by knowing the number of firms in the market. QUESTION 7 The social discount rate used in cost-benefit analysis is equal to a weighted average of the Treasury Bill rate and the long-term government borrowing rate. a. true b. false QUESTION 8 An indication that Insurance companies anticipate adverse selection is a. they do not require a deductible b. they do not classify clients into different risk types according to their claim history c. they classify clients into different risk types according to pre-existing conditions d. they do not require a co-payment Title: In cost-benefit analysis, intangibles include such factors as: Post by: frizzygirl on Feb 27, 2018 Content hidden
Title: In cost-benefit analysis, intangibles include such factors as: Post by: Shathena on Feb 27, 2018 Thank you for helping me with this assignment of mine
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