A Cost-Benefit Analysis of an Irrigation Project Shows That the Ratio

question 39

Multiple Choice

A cost-benefit analysis of an irrigation project shows that the ratio of the discounted present value of benefits to costs is less than one.This implies that:

• A)the net benefit of the project is positive.
• B)the net benefit of the project is negative.
• C)efficiency can be attained by undertaking the project.
• D)the project will redistribute income to the poor.

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Definitions:

Ghrelin

A hormone produced mainly by the stomach that stimulates appetite and promotes fat storage.

Stomach

A muscular organ in the gastrointestinal tract that aids in the digestion process by secreting acid and enzymes to break down food.

Hormone

A regulatory substance produced in an organism and transported in tissue fluids such as blood to stimulate specific cells or tissues into action.

Peristalsis

The series of wave-like muscle contractions that move food through the digestive tract.