Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTIONS After the Covid1Q pandemic, many governments now realise the importance of having a stronger global disease prevention system. There are proposals to build a
QUESTIONS After the Covid1Q pandemic, many governments now realise the importance of having a stronger global disease prevention system. There are proposals to build a new organisation with a dedicated purpose of preventing a similar outbreak from happening. This project. Project X is estimated to cost 1.2 billion dollars. Answer the following questions: a. After doing a costbenefit analysis, it is found that Project X will bring a total benet of2 billion dollars to citizens across the world. Would Project X be approved? . Type Y for Yes or N for No. b. It is proposed that all countries in the world will pay equal amounts for Project X. Assuming there are 205 countries in the world: how much will each country be paying for Project X? 5 million. Answer in millions of dollars to two decimal places. c. One ofthe countries is Country K. Country K is a wartorn country suffering from many decades of long civil wars. It is one ofthe poorest countries in the world and has the lowest gross domestic product (income) as compared to the other countries If the funds were raised using a form of taxation, what tax system would result in Country K contributing the least funds? . Type H for Head, P for Proportional or G for Progresswe
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started