Assignment:
Q1. When is cost-benefit analysis used? How is it done? How is cost-effectiveness analysis different?
Q2. Define opportunity cost, discount rate, and contingent valuation methods (all related to cost-benefit analysis).
Q3. How do analysts evaluate risks or potential impact of policy proposals?
Q4. Explain how forecasting and projections are used in policy analysis.
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.