Calculates benefit cost ratio using current dollars, Microeconomics

When there is a positive expected rate of inflation (i.e., an expected and sustained increase in the levels of all prices), the Benefit Cost Ratio of a proposed project will take on different values depending upon whether one calculates it using current dollars or constant dollars.

Define

what are current dollars ?

Posted Date: 2/19/2013 2:06:08 AM | Location : United States







Related Discussions:- Calculates benefit cost ratio using current dollars, Assignment Help, Ask Question on Calculates benefit cost ratio using current dollars, Get Answer, Expert's Help, Calculates benefit cost ratio using current dollars Discussions

Write discussion on Calculates benefit cost ratio using current dollars
Your posts are moderated
Related Questions
Poverty: A state of having inadequate income or other resources to support a household (or group of households) at a basic standard of living. Poverty can be measured in absoluterr

What are the important functions to maximize total surplus? The market equilibrium maximizes total surplus since the market performs four significant functions are as follows:

Contribution of Foreign Trade to Economic Development: Foreign trade contributes to economic development in a number of ways.  •  It provides flow of technology which al


Explain about the specification of economics environments. Specification of Economic Environments: The primary step for studying an economic issue is to identify the econom

Example: The Value of Clean Air Air is free in sense that we do not pay to breathe it. Question: Are benefits of cleaning up air worth the costs? People pay extra to buy

In John Stossel's article, "In Praise of Price Gouging", Stossel argues that a law banning price gouging would result in a two-block line for gasoline after Superstorm Sandy. a.

Frictional and Cyclical Unemployment: Frictional Unemployment: It refers to unemployment caused by changes in individual labour markets. This is the type of unemploymen

Price System: Demand is the quantity of a commodity that consumers are willing and are able to buy at a given price at a given time period when all other things remain the sam