Suppose that a business investment is subject to a 50-percent tax but that the return to private savings is not taxed. The after-tax rate of return on business investment is currently 9 percent. If a proposed government project is predicted to displace business investment, then the social rate of discount is:
a. 9 percent.
b. 18 percent.
c. 36 percent.
d. infinite.
b. 18 percent.
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In the co-orientational model, if Person A holds a positive evaluation of Object "X" and Person B feels the same about "X," this is an example of which one of the following?
A. High agreement D. Low accuracy but high agreement B. High accuracy E. High accuracy but low congruency C. High congruency
The DRP process typically begins at the ______ level.
A. retail B. customer C. supplier D. demand
The budgeted balance sheet is prepared primarily from data contained in the previously prepared components of the master budget.
Answer the following statement true (T) or false (F)
The most common form of ALJ opinions is:
a. final decisions b. initial decisions c. recommended decisions d. preliminary decisions