Author Question: ________ is defined as the change in quantity between two dates. A) Growth rate B) Improvement ... (Read 27 times)

bclement10

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________ is defined as the change in quantity between two dates.
 
  A) Growth rate B) Improvement ratio C) Development ratio D) Progress index

Question 2

Which of the following statements is true?
 
  A) Cost-benefit analysis does not yield the same result as optimization analysis.
  B) A rational economic agent is not likely to optimize.
  C) Cost-benefit analysis can also be used for normative economic analysis.
  D) The net benefit of an option that costs 50 and provides a benefit of 100 is equal to 150.



potomatos

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Answer to Question 1

A

Answer to Question 2

C



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