Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Question: To solve the congestion problems of the big cities, Congress decides to increase the Federal gasoline tax by 25 c per gallon, with a rebate to largely rural states; the net effect will raise approximately $20 billion per year. The money will be spent in the urban areas, but the decision has yet to be made whether the money will be used to improve the highway system or upgrade mass transit facilities. As an executive of the following affected industries, indicate which choice you would prefer.

(A) Steel industry.

(B) Homebuilders.

(C) Airlines.

(D) Construction machinery.

(E) Import/export broker.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M92546491
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Microeconomics

Question in the early stages of recovery the sampp 500 and

Question: In the early stages of recovery, the S&P 500 and other broad-based stock market indexes generally rose at least 25%. Yet in the months of the first three quarters of 2002, these indexes dropped over 30%. Why di ...

Question a risk-averse economic agent with a yearly income

Question: A risk-averse economic agent with a yearly income off $100,000 inherits a vineyard. In dry years, the vineyard's harvest is worth $100,000; in wet years, the vineyard's harvest is worth $20,000. Each year there ...

Question a the endowment effect creates a problem for doing

Question: a. The endowment effect creates a problem for doing incentivized experiments in economics, especially if the experimenter wants to study risks that involve losses. Describe the problem and suggest a solution. b ...

Question 1 discuss what is meant by the term risk

Question: 1) Discuss what is meant by the term risk assessment and describe the steps that constitute risk assessment. In your answer, please also discuss human exposure assessment and how it is similar and different fro ...

Question - when the price of a bar of chocolate is 1 demand

Question - When the price of a bar of chocolate is $1, demand is 100,000 bars. When the price rises to $1.50, demand falls to 60,000 bars. Calculate the price elasticity of demand according to the instructions below and ...

Question read the article the ethics of big data based on

Question: Read the article, The Ethics of Big Data. Based on the content presented in the article, describe the microeconomic principles being used, in other words what is the impact for demand? List the different types ...

Question discuss how do the monetary model forecasts

Question: Discuss how do the monetary model forecasts exchange rates. Explain with the use of figures to show the impacts of money supply increase on exchange rate under floating rates against under fixed rates in the Mu ...

Question what are the economic differences during the time

Question: What are the economic differences during the time between Bush and Obama? What are the impacts of these differences on the national debt? The response must be typed, single spaced, must be in times new roman fo ...

Question in a typical recession the unemployment rate rises

Question: In a typical recession, the unemployment rate rises 2 1 2%. Assume that at full employment, the unemployment rate is 4 1 2%, and it rises to 7% by the end of the recession. Typically it takes the economy about ...

Question give two real life examples of how economics can

Question: Give two real life examples of how economics can be used to improve decision-making with original examples not found in the textbook. Explain how following the three step approach can be used 1. Who is making b ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As