(a) An activity to improve the well-being of some impoverished people will provide benefits of $1 million...
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(a) Is it worth avoiding the world's destruction in 200 years at a 10 percent discount rate?
(b) Is it worth avoiding the world's destruction in 200 years at a 6 percent discount rate?
(c) If 10 percent is the interest rate in the private sector, what are some of the arguments for using a 10 percent discount rate?
(d) What are some of the arguments for a lower discount rate?
(e) Do you think discounting and benefit-cost analysis are appropriate ways to handle this problem? Why or why not?
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Related Book For
The Economics Of The Environment
ISBN: 9780321321664
1st Edition
Authors: Peter Berck, Gloria Helfand
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