The city of animaltown has built a new bridge across the river separating the two halves of the city for use by its residents. it is trying to decide whether to impose a toll and, if so, how much to charge; it would need to collect $28,000 per hour to finance the bridge, but if it collects less than that, it will finance the remainder of the expense from general tax revenues. city planners estimate a local demand curve for hourly use of the bridge to be q = 1,800 – 100p. the bridge will be able to accommodate 2,000 cars per hour without congestion. a. demonstrate which of the two plans is more economically efficient, and explain why. b. suppose that bridge traffic was so great that each car entering the bridge imposed on opportunity cost on other drivers of $5.how might your answer to (a) be affected by this traffic congestion on the bridge?

About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be: