The early evidence on programs like Head Start made it clear that a. The rate of return

Question:

The early evidence on programs like Head Start made it clear that

a. The rate of return to these programs was very low.

b. The net present value of the external benefits was positive.

c. The short-run benefits were not worth the costs.

d. The long-run benefits were not worth the costs.

Net Present Value
What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...