Which statement about how mitigation projects provide value is true?

Question

Question: Which statement about how mitigation projects provide value is true?

Options:

1.  A report by the Congressional Budget Office showed that on average, future losses were reduced by about $3 for every dollar spent on mitigation projects.
2.  A 2005 Loss Avoidance Study completed by the Multihazard Mitigation Council Study found that an investment of $3.5 billion saved $14 billion.
3.  Mitigation projects reduce post-disaster disruption and allow quicker rebuilding.
4.  All of the above.

Answer 1

4. All of the above

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True statements about how mitigation projects provide value are:

• A report by the Congressional Budget Office showed that on average, future losses were reduced by about $3 for every dollar spent on mitigation projects.
• A 2005 Loss Avoidance Study completed by the Multihazard Mitigation Council Study found that an investment of $3.5 billion saved $14 billion.
• Mitigation projects reduce post-disaster disruption and allow quicker rebuilding.