Include explanations what are the difference between induced and indirect economic impact? 2.) Discuss issues involved in measuring economic impact studies
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A:
1.) Include explanations what are the difference between induced and indirect economic impact?
2.) Discuss issues involved in measuring economic impact studies
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- Economics Imagine you work in the economic development department for a small town or municipality. You have been tasked to write a briefing note to the council on how to adopt CED strategies into their strategic planning. Choose one of the topics below to employ in your note to council. Your note should outline what the recommended strategy or policy would entail, what some of the obstacles to implementation may be, and what the benefits of the strategy would be. Choose one: a. Topic 1: Establishing a social and/or local procurement policy. b. Topic 2: Implementing the doughnut economics approach to municipal planning.PERFORMANCE TASK NO. 1 Defining PESTLE You have learned how different environmental factors can affect the market and the business idea that you have. Let us now check how much have you understood of this concept. Using your own words and understanding, define and give at least three (3) examples for each PESTLE factor. Political Factors Definition: Examples: Economic Factors Definition: Examples: Social Factors Definition: Examples: Definition: Technologica I Factors Examples: Legal Factors Definition: Examples: Environmenta Definition: I Factors Examples:CH9: which of the following statements are true about ecological footprint? The Earth has about 4.2 acres of sustainable productive land area per person, but humans consume 7.1 acres worth of resources. Since the 1970s, our economic growth has supported our increasing planetary population with unsustainable methods. Both A and B ONeither A nor B
- What makes climate change an economic problem? And if it is, how should policy dealwith it?Your answer should include reference to at least three of the following aspects of theproblem:a) Climate change as an externalityb) A carbon tax vs. cap and tradec) Cost-benefit analysisd) Assessing costs to future generationse) Environmental dynamics1. Whether the government has taken any action on Call to Action ? 2. Discuss the current status of Call to ActioD2) Economics how can economics solve societal problems?
- 1. Provide three reasons why it is important for environmental economists to adhere to a code of ethics, whether the code of ethics is formal (documented and sanctioned by an established group) or informal (simply a matter of thinking about what is right, possible spillover effects, and what advice would be appropriate) 2. Explain how environmental justice is related to decisions that governments make about how we use and/or protect environmental resources.1. State the assumptions associated with a material balance modeling approach and give an example of an environmental problem that would meet the assumptions.Is the economic model of decision-making intended as a literal description of how individuals, firms, and the governments actually make decisions?
- in toms of hew the specific problem referenced is an issue in various economic decisions at a policy level. In your discussion explain the particular reason the problem is important, how it impacts public decision making and relating it to several different specific policy areas. (1 range of the speciſic topical areas we have discussed and indicating how the conflict appears.) a. efficiency versus equity) as transcending across a4- Calculating Shadow prices is important in Social cost-benefit analysis especially in developin countries because of all the following reasons EXCEPT: a. perfect competitive markets do not exist for most goods and services b. market prices do not exist for some intangible costs and benefits C. market prices usually do not reflect the true cost of resources to the society d. market prices do not reflect the costs of production 5- The incremental NPV approach a. Usually leads to same choices as the NPV approach b. Is typically used when there are concerns regarding spending larger capital c. Is rarely used in practice d. Can only compare between two mutually exclusive projects1. Why is CSR play a crucial role in attracting customers ?
