N5

1-Car drivers and manufacturers are willing to carry out the transaction (purchasing/selling new cars), even if they have to fully compensate the victims of the pollution. What economic principle this refers to?

A. Weak Pareto efficiency/optimality

B. Pareto deficient policy

C. Kaldor-Hicks improvement

D. None of the above

2-

In cost-consequence analysis, we quantify both the costs and outcomes of a public health intervention in monetary terms to identify the option with the greatest social ranking as judged by net monetary benefit.

true/false