Discuss why the impact of that project on the local economy

Assignment Help Business Economics
Reference no: EM131172353

Suppose the federal government coughs up the $3 billion needed to build a replacement for the Brent Spence bridge crossing the Ohio River between Cincinnati and Covington. Discuss why the impact of that project on the local economy would ultimately be greater than the original $3 billion expenditure.

Reference no: EM131172353

Questions Cloud

Money does make the world go around : Respond to the following discussionnn post: Money does make the world go around, before there was money it was simply trading goods. However, the growing need of money within our fast growing society has often caused rifts due to greed and wanting po..
What is the full-employment level of output : Suppose there are 100 million workers in the economy, and full employment is defined as 96% of them being employed. Also suppose that, given current technology, each $10 billion in output employs one million workers. What is the full-employment level..
Identify about a dozen combinations : In the equation of exchange, suppose V is stable (constant) with a value of 4, andthe money supply is $200 billion. What combinations of P and Y are possible? Identify about a dozen combinations, and plot them on a graph. Does your graphlook like an ..
Respected community figure asking him : Write a proposal letter of 1–2 pages to a respected community figure asking him or her to deliver a lecture and dinner speech at your annual festival. Follow the proposal letter guidelines explained in your assigned readings for this unit.
Discuss why the impact of that project on the local economy : Suppose the federal government coughs up the $3 billion needed to build a replacement for the Brent Spence bridge crossing the Ohio River between Cincinnati and Covington. Discuss why the impact of that project on the local economy would ultimately b..
Decrease in the money supply via the money multiplier : When a bank borrows reserves from the Fed itself, it is said to be borrowing at the discount window. If the Fed reduces reserve requirements, banks will lend a smaller percentage of their deposits, leading to fewer loans and a decrease in the money s..
Production and cost analysis in the short run and long run : Traditional brick and mortar retail stores are losing their customer base while their online competitors are seeing phenomenal increase in the number of customers. Examine the differences and similarities (where possible) in the two modes of retail i..
How is the price of the product measured : Since the end of the Great Recession in 2009 the number of new households established has increased, it became increasingly difficult to obtain a mortgage loan to purchase a house, and the economy has been expanding increasing household income. How i..
Business process diagram allows representing the flow : A business process diagram is a high level description of the information flows associated with a given activity. In addition, a Business Process Diagram allows representing the flow of different processes that occur in real life. How should security..

Reviews

Write a Review

Business Economics Questions & Answers

  Compare and contrast each of the techniques with an emphasis

Using the CSU Online Library and the unit reading assignment, explore the capital budgeting techniques covered in the unit, NP, PI, IRR, and Payback.

  What is the chance that the student is female nursing major

Sixty percent of the students in an introductory statistics class are female. 70% of the female students in the class are nursing majors, and 30% of the male students are nursing majors. If a student is selected at random from the class, what is the ..

  How would i compare also contrast mcdonald strategies

How would I compare also contrast McDonald's strategies in China with those of Wal-Mart in Mexico.

  What is the wage for rice workers in the two economies

Vietnam employs 40 million tons of rice a year. World price os rice is $500 per ton. Vietnam employs 10 million people in rice production with each working an average of 1000 hours a year. Which economy, California or Vietnam, has an absolute advanta..

  When graphing demand curve showing the effect

When graphing a demand curve showing the effect of "news about the susceptibility of cellphone users to brain cancer" has on the demand schedule and curve for cellphones where would the "news about.." go on the graph, would that replace the price? If..

  What was the annual real interest rate earned on investment

The incredible shrinking $50 bill in 1957 was worth $50, but in 2007 it is worth only $6.16. What was the compounded average annual inflation rate (loss of purchasing power) during this period of time? Fifty dollars invested in teh stock market in 19..

  Spacely sprockets'' short-run cost

Spacely Sprockets' short-run cost curve is: C(q, K) = + 15K, where q is the number of Sprockets produced and K is the number of robot hours Spacely hires.

  Elasticity of demand at the optimal output

Consider a monopolist that produces a good at a constant marginal and average cost of 5$. The market demand is given by p=53-Q. find the deadweight loss and the consumer surplus and the elasticity of demand (absolute value) at the optimal output

  Estimate amount of former foreign-monopoly profit

Estimate amount of former foreign-monopoly profit that is transferred as tariff revenue to home nation when home nation imposes tariff.

  Laborers with experience in home construction moves

A wave of day laborers with experience in home construction moves into the area. Will this shift the labor supply curve, demand curve or both in home construction.

  Production function have constant returns to scale

Country A and Country B both have the production function: Does this production function have constant returns to scale? Explain. Suppose that both countries start off with a capital stock per worker of 1. What are the levels of income per worker an..

  In the debate concerning repeal of the provision

In the debate concerning repeal of the provision allowing capital gains on assets passed on to one’s heirs to escape taxation, some have reasoned that death is not voluntary, and therefore one should not tax capital gains upon death. Evaluate and exp..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd