One of the Issues of Measuring Benefits in Developing Countries

question 19

Multiple Choice

One of the issues of measuring benefits in developing countries is that the willingness to pay requires

• A)the use of an estimated discount rate.
• B)ability to pay.
• C)understanding peoples' tastes and preferences
• D)none of the above

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Definitions:

Social Supports

Various forms of assistance and comfort provided by friends, family, and community members that help individuals cope with stress, challenges, or crises.

ICT-enabled

Pertaining to activities or processes that are facilitated or improved through the use of Information and Communication Technologies.

Formal Economy

An economy that is taxed and monitored by the government and is included within a nation's gross national product; opposed to the informal economy.

Gig Economy

An economic sector consisting of temporary, flexible jobs often facilitated by digital platforms where companies operate with independent workers for short-term engagements.