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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
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 today are -$40. Assume the social discount rate is 15%. If the undiscounted net benefits next year are at the very least $____, the policy will have a positive net present value
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