ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
Question
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Chapter 2, Problem 73P
To determine

i.

Should benefit and cost estimates be adjusted for the great influences and impacts of inflation, government regulatory changes, and changing local economic environments? Why or why not.

ii

To determine

How does the public budget making process interact with the goal of accurate benefit and cost estimates of large projects?

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