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Consider a policy that generates benefits and costs this year (i.e., Year 0) and next year (Year 1).Let's say the government knows that the net
Consider a policy that generates benefits and costs this year (i.e., Year 0) and next year (Year 1).Let's say the government knows that the net benefits this year are $40.If the social discount rate is 10%, then the undiscounted net benefits next year have to be greater than (less than) $____ for the policy to have a positive (negative) net present value.
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