Suppose that global warming might raise sea levels such that much of bangladesh would be flooded soon after the year 2050. the government of bangladesh is considering two options for addressing this issue. option 1 is to pay $8 billion today (year 2016) to reduce emissions. option 2 is to build up levies in 34 years (year 2050) which is estimated to cost $25 billion at that time. should government act now or later if the discount rate is 3%?
what is the present value of reducing emissions in year 2016? (express your answer as an integer.)
what is the present value of building up levies in 34 years? (include two digits after the decimal point.)
should government act now or later, under these assumptions, and based on economic grounds?

Electric providers like edison are an example of what specific type of monopoly

At the end of the year, blossom co. has pretax financial income of $561,000. included in the $561,000 is $73,000 interest income on municipal bonds, $25,000 fine for dumping hazardous waste, and depreciation of $64,400. depreciation for tax purposes is $48,300. compute income taxes payable, assuming the tax rate is 30% for all periods.

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations