Describe the congestion problems of the big cities

Assignment Help Microeconomics
Reference no: EM131737805

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.

Reference no: EM131737805

Questions Cloud

Choose the significance level : Conduct a hypothesis for whether consumption and income are linearly related using a=0.01 . The standard error of the slope is 0.144.
Describe how the book is organized : Describe how the book is organized. What is the theme of the book? In other words, what is the main idea?
Discuss generally treasure ideas of personal freedom : People in modern industrial and post industrial societies generally treasure ideas of personal freedom, individuality and privacy
Determine the critical value for a two-tail : Determine the critical value for a two-tail test of a population mean at the a=0.01 level of significance based on a sample size of n=21 see attachment
Describe the congestion problems of the big cities : 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.
Attachment for full question and possible answers : Given a sample size of n=51 and a level of significance of a= 0.01, when should you reject H0? see attachment for full question and possible answers.
Write a one page summary on the book called run boy run : Write a one page summary on the book called " Run boy Run ".
Reduction in personal and corporate income tax rates : In 1964 and 1965, a 20% reduction in personal and corporate income tax rates was followed by a budget surplus. In 1982 and 1983, a 20% reduction in personal.
Write about a movie or television show : Write about a movie or television show. What it is entertaining about this show? What statement does this show make about black culture? Tropes?

Reviews

Write a Review

Microeconomics Questions & Answers

  Pharmaceutical companies are often accused

Monopoly. Pharmaceutical companies are often accused of exploiting the sick and vulnerable to earn huge profits on their patented drugs, because the physical cost of producing these drugs are only a fraction of the ultimate price consumers pay. A. Wh..

  Demand curve facing original ethiopian restaurant

Suppose that a restaurant offering Ethiopian cuisine opened in a well diversed city. And became a great success. What would you predict would happen in the restaurant market for that city?

  Insurance coverage tend to increase rational ignorance

About two-thirds of funding for substance abuse treatment comes from taxpayers. Are there external benefits of substance abuse treatment that warrant this level of public funding? Why would insurance coverage tend to increase rational ignorance?

  How many bushels of soybeans he can produce

Assume this farmer pays each farm worker $1,000 over the growing season and spends $2,000 for seed and fertilizer. If the price of soybeans is $14.75 a bushel, what is the farmer's profit?

  For every penny that the price of gasoline goes up the us

for every penny that the price of gasoline goes up the u.s postal usps service experiences a monthly fuel cost increase

  How does scarcity affect your life

Scarcity How does scarcity affect your life? Provide several examples of items you had to do without because of limited resources, and explain how you adjusted.

  What is the probability that none of them held full time job

According to the latest census, 40% of working women held full time jo. In a sample 10 working women, What is the expected number of working women held full time jobs? What is the probability that none of them held full time job

  Explain supply and demand graphing

Draw your graphs neatly! Take your time to make your graphs clear and your writing legible. As such, you may want to practice or do a "first-draft" of your graphs on another sheet of paper before drawing your graphs that you will turn in for your ..

  What is the optimal combination of inputs for firm to employ

Crew Brew produces a popular brand of beer in its mini-brewery located on a small river in Wisconsin. It uses a special formula, combined with the fresh water from the local stream, to produce a drink popular with local folks and tourists who visi..

  A briefly describe three factors that could shift the

a briefly describe three factors that could shift the investment demand curve of the economy to the right.b briefly

  Visit a nationwide chain store or restaurant

Question is - Visit a nationwide chain store or restaurant and take note of how all decor, design and other environmental choices, including visual, aural, tactile , and even scent choices, help achieve the goal of attracting and retaining customers ..

  How is teamwork displayed in your life as it relates to role

How does effective teamwork look? How is teamwork displayed in your life as it relates to your current role? Why is teamwork a necessity for organizations? Does this help or hurt an organization if teamwork and collaboration is nonexistent?

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