Urban And Economic Development Officer

A Prices fall B Initial spending generates further rounds of income and spending C Spending vanishes D Taxes double

A Money spent outside the local area B Tax refund C Wage increase D Water loss

A Increase imports B Raise tariffs to zero C Produce locally goods previously imported D Stop all trade

A Close factories B Avoid quality C Reduce output D Access foreign markets

A Only dates B Only costs C Total expected costs and benefits of a project D Only benefits

A Exchange rate B Present value of future cash flows minus initial investment C Inflation rate D Sum of costs only

A Undefined B Negative C Positive D Zero always

A Rent B Inflation rate C Discount rate at which NPV equals zero D Tax rate

A Loan interest B Time needed to recover the initial investment C Project length D Salary period

A Male and female B Basic (export) and non-basic (local) sectors C Urban and rural only D Public and private only