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<br />Benefits are defined as positive (beneficial) economic, social,
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<br />.2 physical, or other contributions toward the accomplishment of the
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<br />3 several objectives.
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<br />Costs are defined as the expenditure of resources necessary to
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<br />5 obtain the benefits and all negative (adverse) effects on the several
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<br />6 objectives. The costs required to accomplish a given plan will
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<br />7 usually include costs that arise from adverse effects on all national
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<br />8 objectives regardless of whether the benefits of the plan arise under
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<br />9 one or several objectives.
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<br />To identify and evaluate the probable consequences of a proposed
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<br />11 river basin plan, program, or a specific project, a system of accounts r
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<br />12 shall be established that will relate benefits and costs of plans, pro-
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<br />14 the tradeoffs between alternatives.
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<br />A. Benefits
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<br />16 1. National Economic Development
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<br />17 National economic developmEmt benefits are increases in the out-
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<br />18 put of goods and services. These may be measured in terms of actual
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<br />19 or estimated market prices, rationally adjusted where necessary, to
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<br />20 compensate for departu.a:-es from economic assumptions underlying the
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<br />21 concept of market prices as a measure of national income.
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<br />Such benefits include:
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