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In a recent benefit-cost analysis of a proposed regulation that generated negative net benefits in the present but positive net benefits in the future, the
In a recent benefit-cost analysis of a proposed regulation that generated negative net benefits in the present but positive net benefits in the future, the government used a 5% social discount rate.If it had instead used a 3% social discount rate, the net present value of the policy would have been ______; if it had used an 8% social discount rate, the net present value would have been ______.
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