With reference to one of the following announcements in the revised 2021-2022 budget, undertake a critical appraisal with respect to : a) economic effects ; b) feasibility ; c) scope for enhancing its effectiveness. Increase in the national minimum wage rate to $4 per hour by January 2023 Removal of fuel duty of $0.20 per litre Removal of VAT on 21 basic consumer items
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- A county transportation agency has asked you to suggest the allocation of bridge preservation budget of 50 million between Interstate and non-Interstate highway bridges. Political considerations require that urban populations receive at least $25 million in benefits and rural areas at least $10 million. As a rule of thumb, a $1 million investment yields total user benefits of $1.25 million for $1 million spent on Interstate highway bridges. $1 million for $1 million spent on non-Interstate highway bridges. The research also indicates that the distribution of benefits for each highway is.as shown in the attached table a) Formulate a linear programming (LP) problem to maximize total user benefits subject to the agency’s constraintsQ2 solution needed i need in words not handwritten solution Q1: The October 30th, 2021 edition of The Economist included an article titled “As EnergyPrices Spike, Governments Reach for the Dirtiest Tool in the Box.” (It is not necessary foryou to read the article; we will provide all relevant information in the questions we ask).The “dirty tool” in question is fossil-fuel subsidies. For Question 1, consider the marketfor natural gas in January 2020, prior to the onset of the Covid pandemic and before anychanges described in The Economist article. Assume that in January 2020, natural gasprices were in a short-run equilibrium.• Draw a graph that shows supply and demand analysis for gas in January2020. This graph will serve as a starting point for your analysis inQuestions 2, 3, 4, and 5.• In drawing this graph, please assume that the demand curve is downwardsloping and the supply curve is upward sloping.• Clearly show the market equilibrium in January 2020.• Please remember to clearly…Fann Biznesin əsasları O imtahan vaxti 00:35:45 Elariz left his native land in the Eastern Europe to become a singer for a restaurant in a western suburb of Chicago, Illinois. One of the benefits of his arrangement was that he could attend the community college near his restaurant. When he arrived ar his new job, he experienced some immediate differences. Elariz noted that public transportation in northern Ilinois was limited and expensive, making it difficult to get to school. For a negligible fee, the government in his native country provided public transportation to everyone. The economic system in Elariz's native country was characteristic of: an CAVAB pure capitalism. communism. theocratism. mercantilism. + Əvvəlki Növbəti Bütün suallar & Qeyd olunanlar Cari Vəziyyət 15:13 82F Sunny 4 a 4) AZE 18.06.2021 TOSHIBA
- 1. The Ministry of Works and Supply has plans to construct a network on roads and tollgates in Vubwi District. Its permanent Secretary presents this plan to cabinet asking for approval and argues that although the project costs a lot of money at present, it will yield very significant benefits for the next 20 years. He presents the following summary of costs and revenues shown in Table 1. Table 1 Summary of costs and benefits for proposed road project Year of activity (million Activity Road Construction Resurfacing of road Resurfacing of road 0 5 10 15 Resurfacing of road Collection of toll gate From year 3 to year fees 20 Costs ZMW) 400 5 7 10 Benefits (million ZMW) 10 annually (once tollgates are operationally) The government currently spends ZMW 3million annually on resurfacing the gravel roads and patching up the few dilapidated bituminous roads in Vubwi district. (a) Using a discount rate of 10%, conduct a cost-benefit-analysis, and advise the cabinet accordingly. (b) Briefly…The graph below shows the budget constraint between income and leisure for an individual. For every hour spent in leisure, one less hour is spent working and vice versa. Move the Government Support line to illustrate a situation in which the individual starts making an income higher than the government support income when he/she works more than 1,000 hours. Provide your answer below: 30000 (0, 27 500) 25000- 20000 Government Support ($17000) 15000 10000 5000- (3000, 0) 1000 2000 3000 Leisure (Hours) 4000 Income ($)If you would have to pay $8,000 in taxes on $90,000 taxable income and $10,000 in taxes on $94,000 taxable income, then the marginal tax rate on the additional $4,000 of income is Mutiple Choice 10 percent, and the average ta rate is so percent at the $94.000 income evel 50 percent, ond the average tax rate is 20 percent at the S90.000 income evel s0 percent, but avernge tax rates cannot be determined from the intormation given 50 percent, and the average tax rate is about 11 percent at the $94.000 income level
- b. Following the discovery and production of oil in commercial quantities in Ghana, the government of Ghana in collaboration with other stakeholders in the oil industry endeavors to establish a fertilizer production plant in Takoradi to take advantage of the by-product from crude oil production. As a potential Cost Benefit Analyst, list all the possible benefits and costs associated with the fertilizer plant project; direct, indirect, tangible and intangible, pecuniary and non-pecuniary.Explain how balancing a Transportation Problem If Total Supply Is Less Than Total DemandPlease provide an overview of the role of the Federal Government in Transportation Financing (as it relates to State & Local Governments). What funding streams are used to finance these projects? What is the basis for the difference in level of funding between transportation modes (highways, mass transit, rail, air & water)? Identify the rationale behind the Federal government’s level of involvement historically. What are the current transportation issues facing New Yorkers (specifically those downstate in the NYC metropolitan region)? How will the current economic crisis affect these revenues? What additional issues do you foresee in the future?
-  What proportion of 2015 greenhouse gas emissions reduce maximizes the difference between total benefits and total cost of emissions reduced?Dana spends $10000 on remodelling a storefront that she thenopens as a shoe store. Her business has not been very successful, and she needs an additional $3000 to keep the shoe store open. Which of yhe following is TRUE? A) the $10000 Dana spent on remodelling represents a part of the total vatiable cost of her business. B) the $3000 represents her marginal costs of production. C) the $10000 Dana spent on remodelling is a fixed cost of her business. D) the $3000 Dana needs to keep the deli open represents her total fixed cost.a) A concerted reduction in the total production level in oil markets.b) The implementation of a minimum wage.c) The implementation of subsidies to agricultural production in Australiad) The implementation of a Carbon tax in the resources exploitation sector. A Carbon taxis charged according to the level of emissions of greenhouse gases in an economy.e) The implementation of a new loan program to university students in the educationsector