6. You are the mayor of a town with 20,000 residents. The head of your economic development agency recently conducted a survey in which the 20,000 residents said that a small public library in the center of town would be worth $40 to each of them. The cost to build the library is $500,000. Which of the following is the most efficient option?
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- Why do legislators vote for spending projects in districts that are not their own?Suppose that you are an economic-policy advisor. Environmental groups are pressuring you toimplement the highest-possible carbon tax, whileindustry groups are pressuring you to implementno carbon tax at all. Both argue that their positionmakes more sense economically. Explain to themwhat the most-efficient tax level will be, and whythere are costs to setting the tax too high or toolowProject Repair highways Build new highways Build a new bridge Build a new tunnel Expand existing airport Total Cost (in millions) $100 $100 $100 $100 $100 Total Benefit (in millions) $80 $90 $140 $115 $130 This table shows the costs and benefits for some new projects that a local government is considering. Based on these costs and benefits, which project should the government select? O Build new highways O Expand existing airport O Build a new bridge O Build a new tunnel O Repair highways
- What can government do to encourage the development of new technology?tudy Tools s ss Tips s Tips Point A TAX REVENUE (Billions of dollars) C D 20 Complete the following table by indicating what the government should do in order to maximize tax revenues if it is operating at each of the points listed. + OOO с $ INCOME TAX RATE (Percent) xo Raise Tax Rates Lower Tax Rates Keep Current Tax Rates O O O ooo 100 % MacBook Pro G Search or type URL & * O ( O C 11 A-Z4 The service quality-related e-demand factors show a weak connection with the provision of e-government information or services. Select one: a. True b. False
- Hoe would you spend national budget10 There are still many challenges that have not been solved to reach efficient e-government. Select one: a. True b. False32. The Jones family lost its home in a fire. On De- cember 25, Year 4, a philanthropist sent money to the Amer Benevolent Society to purchase furniture for the Jones family. During January Year 5, Amer pur- chased this furniture for the Jones family. Amer, a not-for-profit organization, elected early adoption of FASB Statement No. 116, Accounting for Contribu- tions Received and Contributions Made. How should Amer report the receipt of the money in its Year 4 financial statements? a. As an unrestricted contribution. b. As a temporarily restricted contribution. c. As a permanently restricted contribution. d. As a liability. 33. Glen Hope, a voluntary Health and Welfare or- ganization, received a cash donation from George Swinney to purchase equipment for the organiza- tion's kitchen. The donation was received in Year 5 but the equipment was not purchased until Year 6. For Year 5, Glen Hope should report the donation on the statement of activities as: a. Non-operating revenue b.…
- What are the implications of a municipality overspending their allocated budget20 The effectiveness and efficiency of the private sector are improved through active collaboration and co-production between public sector organizations and individuals as well as public organizations. Select one: a. False b. True4. Four roommates are planning to spend the weekend in their dorm suite watching old olent atsomos movies, and they are debating how many to watch. The table below contains their willingness to pay for each film. 1st film 2nd film 3rd film 4th film 5th film John $7 $6 $5 $4 $3 Paul $5 $4 $3 $2 $1 an rud bas Vedda nowoc 2102 gulden et 150 yebesnbew sho George $3 $2 $1 $0 $0 (nast il qalihe: 0 sx sig Ringo og $2 $1 $0 $0 $0 Taboog dikdug dan one dorld amasi obivond themsvog srl: asobydw 20607 1610A (b 2)99712 vdio (9 it sins 0.6 d. Is there any way to split the cost so that everyone benefits? What problems arise with this plan?