ECONOMIC IMPACT ANALYSIS OF A NEW MUSEUM PV of Each year Year 1 $Flows Construction costs Museum Employment 25,000,000 75 40,000 average earnings 100,000 Museum supplies paid to suppliers Museum utility costs For each dollar of wages $ 50,000 0.25 food clothing recreation household goods transportation 0.10 0.05 0.10 0.20 Assume: > In each year, the monetary flows from museum activity are the same (no inflation) > The appropriate social discount rate is 2%. Find: 1. The present value of the perpetuities for each type of financial flow. 2. The dollar amount each type of impact Direct impact: Indirect impact: Induced impact: yeso 3. Are the benefits worth the cost? the tatal vihats ECONOMIC IMPACT ANALYSIS OF A NEW MUSEUM PV of Each year Year 1 $Flows Construction costs Museum Employment 25,000,000 75 40,000 average earnings 100,000 Museum supplies paid to suppliers Museum utility costs For each dollar of wages $ 50,000 0.25 food clothing recreation household goods transportation 0.10 0.05 0.10 0.20 Assume: > In each year, the monetary flows from museum activity are the same (no inflation) > The appropriate social discount rate is 2%. Find: 1. The present value of the perpetuities for each type of financial flow. 2. The dollar amount each type of impact Direct impact: Indirect impact: Induced impact: yeso 3. Are the benefits worth the cost? the tatal vihats