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Q. What is Benefits transfer?
The process of transferring benefit estimates from past valuation studies to the present study, in order to reduce appraisal costs. The validity of the approach lies on the degree of similarity between the several studies, e.g. the environmental service or good being valued, the characteristics of the population and the robustness of the previous benefit estimates.
definition of abnormal isoquant and normal isoquant
Phillips Curve and Inflation-Unemployment in policy making : In the General Theory (Keynes, 1936) we noted that the state of expectations was taken as given. There was, in ad
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Hydrogen, Alkali and Alkaline earth metals Lithium atom and ion are very small and are comparable in sizes to those of Mg. Their polarizing power (charge / radius) are almost t
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Illustrates the key terms of excise tax? Terms of excise tax: a. Tax incidence • Who bears the load of the tax? b. Excess burden or Deadweight loss • Taxes inflict
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Evaluation of the WTO: The WTO is different from and an improvement over the GATT in the following respects: • The WTO is more global in its membership. • The WTO ha
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