Spring 2017 Q10
Do we need to calculate the uninsured loss to receive full mark for this question? In my first attempt I only do calculation to the economic loss step. Thank you
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Do we need to calculate the uninsured loss to receive full mark for this question? In my first attempt I only do calculation to the economic loss step. Thank you
Comments
No, I don't think you had to fully reproduce the examiner's report solution to receive full credit for this question. I doubt anyone provided a full solution as in the sample answer. It was a pretty hard question because there were no similar problems in the source text.
What they wanted was some sort of reasonable calculation of the costs of each program, and then an evaluation of each based on costs, and also on social factors like participation rates and positive effects on society.
Thank you