Question: The discount rate used in net present value calculations for environmental benefit - cost analysis policy Question 6 options: is the social opportunity cost of

The discount rate used in net present value calculations for environmental benefit-cost analysis policy
Question 6 options:
is the social opportunity cost of capital.
is the risk free cost of capital.
should be higher if significant costs occur earlier.
should be higher if significant benefits occur later.
All of the above.
None of the above.

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