ECON 3650 Study Guide - Midterm Guide: Policy Analysis, Planned Economy, Delphi Method

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Similarly, immigration policy is in the spotlight because of the influx of immigrants to the united states. Cost - 1000 in year 0, 2000 in year 1 and 500 in year 2 1,000 + 2,000/1. 10 + Cost - 1000 in year 0, 1500 in year 1 and 1200 in year 2 1000 + 1,500/1. 10 + Benefits - 1000 in year 2, 2000 in year 3 and 5000 in year 4 1,000/1. 10^2 + Benefits - 1000 in year 2, 3000 in year 3 and 4500 in year 4 1,000/1. 10^2 + Consider the following public project and answer questions 21-24. The proposal to extend a subway railroad by 50 miles would incur the following expenditure. Steel - 10 million tons f: million s: million. Asphalt - 5 million tons f: million s: million. Labor - 4 million hours f: million s: 40 million. The benefit of the railroad is saving 5000 hours per day by commuters.