______________________: includes all the detail and information that were relevant to deriving market value of the other conclusions within the report.
Fill in the blank(s) with the appropriate word(s).
Ans: Self-contained appraisal report
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How does optimization in levels differ from optimization in differences? Assume that the city council has to choose one among the following three alternatives: setting up a school, setting up a hospital, and setting up a playground
The estimates of expected cost and benefit of all three projects are shown in the following table. How does the city council arrive at the optimal choice if both the techniques of optimization are implemented? Do the results vary? Project Cost ($) Benefit ($) Playground 15,000 30,000 School 20,000 50,000 Hospital 50,000 75,000
An economy has no imports or income taxes. The MPC is 0.75 and real GDP is $120 billion. Businesses increase investment by $4 billion. The new level of real GDP is
A) $140 billion. B) $128 billion. C) $136 billion. D) $124 billion. E) $132 billion.