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About 80% of the U.S. federal money that could have been spent on the project could alternatively have been used to improve the subway system. Is this fact relevant for estimating the net benefit of the project? If your answer is yes, compare a reasonable estimate of the net benefit of the MO project when the federal money could be used in this alternative way to the net benefit of the MO project if the federal money could only be used for highway construction. If your answer is no, explain why the possible alternative use of the funds is irrelevant.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91845072

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