Why should it used h cost expressed as constant-value dollar, Microeconomics

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Why should it used h cost expressed as constant-value dollar

Problem

Is the 7% interest rate specified in OMB A94 a real or a nominal interest rate? Should it be used h costs expressed as constant-value dollars or with costs inflated using carefully selected inflation rates?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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