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Kindly answer the Q3 and Q4. Answers of Q1 and Q2 are provided below: 1) Suppose if saratoga country is considering opening a large public

Kindly answer the Q3 and Q4.

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Answers of Q1 and Q2 are provided below:

1) Suppose if saratoga country is considering opening a large public fitness and Recreation Centre open 20 hours per day and free to all citizen it will have a positive impact on the economy as a whole because it can be considered as a human development investment made in the health sector when the government provide all these fitness services at a free cost it will increases the health condition of the people especially the youth and it can increase the production and productivity and it will contribute a positive impact on the economy because with the health condition the people will be able to produce more output and that leads to increase the output employment and income of the economy as a cold and it it will lead to the overall growth and development of the economy

When the government introduces a free fitness and Recreation Centre it will also increase the mental health of the people because it will provide yoga classes indoor jogging track such as weight machines and other equipments it will reduces the lifestyle diseases as a result The Peoples expenditure on the Healthcare will decline as a result it may increases the real income of the people for purchase in the goods and services and therefore they will be able to obtain more goods and services that will it increase the well-being and welfare of the people at the same time it will reduce the unnecessary and product expenditure of the economy as a whole when the government provide such a fitness services at a free cost it will also ensure equality of Healthcare facilities of the people because when it provides that a free course it will be affordable to all the people without considering the income and there will be affordable to all the people in the economy and therefore it will bring a equality in the health status of the people.

2) In order to measure all these improvements in the economy through the introduction of a fitness and Recreation centre at a free cost the government should have to collect the information regarding the benefits received from such a service the can collective directly by conducting the interviews with the local people who are the consumers and beneficiaries of the service and ask them how much benefit that they received from such services how much weight loss that they contain how much has the expenditure that their able to reduce due to this daily workouts how much income that I can save due to fall in the medical expenditure on the lifestyle diseases it can also collect the information buy directly observing the beneficiaries of such programs they can also collect the information from the nearby hospitals and Primary Health centres that how much demand for the Healthcare services has declined with the opening of this fitness and recreational Centre free cost the more accurate and more practical method for collecting the information regarding the benefits of this program is to collect information directly from the beneficiaries so they will be open up to provide information regarding the benefits that they received from this free service provided by the fitness and Recreation centre.

Saratoga County is considering opening a large public fitness and recreation center, open twenty hours per day and free to all citizens. The center would provide a large swimming pool and several indoor jogging tracks, as well as weight machines and other equipment. It would also conduct aerobic exercise classes. Virtually all of the clientele is expected to be more than 21 years old, with a large group over 50. 1. (9 points) What are at least nine outcomes of this program that the county should consider? 2. (12 points) In what ways can the county gather information on how much of each of these outcomes will be produced by program? Discuss in detail. Are some of these ways more accurate or more practical? Discuss why, using examples from this program. NOTE: For questions 2 and 3, it is usually easier to build the answers around each technique (and then tie the outcomes to the techniques) rather than building the answer by proceeding outcome-by-outcome. However, any way of organizing the answer is equally correct. 3. (19 points) Discuss and illustrate all the approaches that Saratoga County could use to express these specific outcomes in monetary terms. Include a discussion of the strengths and weaknesses of each tool you use. (Be sure to keep the focus on this program.) 4. (10 points) Because some of the benefits of this program occur in different years, they have to be discounted. How do we decide the correct discount rate to use whether it should be 6%, or 9% or whatever-- and why is it so often difficult to determine? Discuss, using this program as an example. (In your discussion, assume that the discount rate chooser is a neutral umpire who is neither for nor against this program. In other words, ignore political considerations.) Saratoga County is considering opening a large public fitness and recreation center, open twenty hours per day and free to all citizens. The center would provide a large swimming pool and several indoor jogging tracks, as well as weight machines and other equipment. It would also conduct aerobic exercise classes. Virtually all of the clientele is expected to be more than 21 years old, with a large group over 50. 1. (9 points) What are at least nine outcomes of this program that the county should consider? 2. (12 points) In what ways can the county gather information on how much of each of these outcomes will be produced by program? Discuss in detail. Are some of these ways more accurate or more practical? Discuss why, using examples from this program. NOTE: For questions 2 and 3, it is usually easier to build the answers around each technique (and then tie the outcomes to the techniques) rather than building the answer by proceeding outcome-by-outcome. However, any way of organizing the answer is equally correct. 3. (19 points) Discuss and illustrate all the approaches that Saratoga County could use to express these specific outcomes in monetary terms. Include a discussion of the strengths and weaknesses of each tool you use. (Be sure to keep the focus on this program.) 4. (10 points) Because some of the benefits of this program occur in different years, they have to be discounted. How do we decide the correct discount rate to use whether it should be 6%, or 9% or whatever-- and why is it so often difficult to determine? Discuss, using this program as an example. (In your discussion, assume that the discount rate chooser is a neutral umpire who is neither for nor against this program. In other words, ignore political considerations.)

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