The social rate of discount is best approximated by: a. the cost ...

[Haya94]

The social rate of discount is best approximated by:
 a. the cost of government borrowing
  b. the opportunity cost of resources taken from the private sector
  c. 3 percent
  d. 30 percent
  e. none of the above

Question 2

The following is an example of risk aversion
 a. those applying for a well-paid job tend to be the most qualified
  b. more reckless drivers opt for cars with more safety devices
  c. the contractor with the lowest bid for a is the most qualified
  d. Initial Public Offerings (IPOs) seek investors when prospects look good

[izzat]

Answer to Question 1

b

Answer to Question 2

b

[Haya94]

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