Question
The federal government is considering to build a parking lot on what used to be a forest. These are the benefits and costs of
The federal government is considering to build a parking lot on what used to be a forest. These are the benefits and costs of the project: Years Costs Construction of parking lot Foregone recreation Benefits Parking lot revenue 0 231 135 247 88 3 4 160 234 242 226 Employment 226 Using the information above, what is the present value of the net benefits of the project assuming a 37% discount rate? 122 54 241 107 50 149
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