How do analysts evaluate risks

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Question: 1. When is cost-benefit analysis used? How is it done? How is cost-effectiveness analysis different?

2. Define opportunity cost, discount rate, and contingent valuation methods (all related to cost-benefit analysis).

3. How do analysts evaluate risks or potential impact of policy proposals?

4. Explain how forecasting and projections are used in policy analysis.

Reference no: EM131859136

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