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<br />O ~, "" r", <br />Ut....10 '; <br /> <br />t;z~ <br />:- ;,' ,,~~ <br /> <br />;:;lt~t} <br /> <br />15 <br /> <br />1 <br /> <br />D. Regional Accounting <br /> <br />2 For purposes of accounting for regional effects and contributions <br /> <br />3 to regional development objectives, a standardized set of regions will be <br /> <br />4 established. <br /> <br />5 <br /> <br />E. The Interest Rate <br /> <br />6 The interest rate used in plan or project evaluation will reflect <br /> <br />7 the value placed by society on benefits and costs in the future as <br /> <br />8 cOlnpared with benefits and costs in the present. The interest rate <br /> <br />9 shall reflect the public aspects of the discounting process and will not <br /> <br />10 necessarily be related to current market rates of interest. <br /> <br />11 <br /> <br />F. Period of Analysis <br /> <br />12 The evaluation of a plan shall encompass the periods of tilne <br /> <br />13 over which the plan will make useful contributions to the different <br /> <br />14 objectives. <br /> <br />15 <br /> <br />G. Scheduling <br /> <br />16 Plans s'lall be scheduled for implementation in relation to needs <br /> <br />17 and other means of meeting them so that net benefits are optimized. <br /> <br />18 Benefits and costs, occurring according to different patterns in time, <br /> <br />19 are differentially affected by the discount process when projects are <br /> <br />20 scheduled for alternative future times. Therefore, plan formulation <br /> <br />21 should analyze the various schedules of implementation to find the <br /> <br />22 schedule that will produce the optimum net benefits. <br /> <br />23 <br /> <br />24 <br /> <br /> <br /> <br />'Y~'----"'~' <br />~4}~ <br /> <br />~~<.-'~'i:- <br />.,; . . ~;.;.. <br /> <br />,-:':;"::-.--." <br />-~.-=>..: .: <br /> <br />~1~ <br /> <br />f:}:;:,:;:: <br /> <br />~~~~;' <br />~~~J!;~: <br />.. '.,..: "'.:. <br />~:,~.;-;':,-,:,;- <br />~::~ ,'50' ". <br />:;.......;::,-:.~: <br />rf~l <br />I <br /> <br /> <br /><~$;..:-. <br /> <br />I <br /> <br />~-_.,~J-. <br />!~~i~ <br />r.'1iL, <br /> <br /> <br /> <br /> <br /> <br /> <br />I <br />~.[<?p:. <br />i~%.:~.i <br />;;;~~~ <br />,,w1;; <br />~;;;b.- <br /> <br />I <br /> <br /> <br />{."':.:: ::>~; <br /> <br />fi;;\.~~;: <br />n.-'.-.-- <br />f;:~-'-,:,~:~" <br /> <br />/:.: :< <br /> <br />~.: - ~.-. <br /> <br />~n?\~i <br /> <br />;;:!"..:". <br /> <br />".'.;.-.'.. <br /> <br />;"--.'. <br /> <br />