Consider the Three Gorges Dam Project on the Yangtzee River in the People’s Republic of China.(For...

Consider the Three Gorges Dam Project on the Yangtzee River in the People’s Republic of China.(For example, see National Geography September 1997 for more information)

(A) Suppose the Ministry of Water Projects announces that the Project Benefit to Cost Ratio (BCR) for the Project is 2.0. Indicate how you would constructively criticize the BCR given. Explain using course concepts.

(B) Suppose the Net Present Value (NPV) of Market Benefits and the Environmental Costs of the current location of the dam in comparison to other locations are as follows:

Project NPV of Market Benefits Environmental Costs

Current 1,000,000,000 Large

Alternative 1 750,000,000 Medium

Alternative 2 600,000,000 Medium

Alternative 3 500,000,000 Small

Indicate criteria to help compare the above Projects, identify the Best Option and explain using Course Concepts.

Expert Solution

jeff jeffy answered 3 months ago

(4.) Consider the Three Gorges Dam Project on the Yangtzee River in the People’s Republic of...

(4.) Consider the Three Gorges Dam Project on the Yangtzee River in the People’s Republic of China.(For example, see National Geography September 1997 for more information) (A) Suppose the Ministry of Water Projects announces that the Project Benefit to Cost Ratio (BCR) for the Project is 2.0. Indicate how you would constructively criticize the BCR given. Explain using course concepts. (B) Suppose the Net Present Value (NPV) of Market Benefits and the Environmental Costs of the current location of the...

By themselves, the United States, the People’s Republic of China and India account for almost half...

By themselves, the United States, the People’s Republic of China and India account for almost half of world greenhouse gas emissions causing catastrophic climate change. Many of the poorest countries, including those producing the fewest greenhouse gases, will suffer the most from climate change. Even the rich will suffer from climate change. Use game theory and the prisoners dilemma to explain why China, India, and the United States don't agree to stop polluting. Why don’t countries most threatened, pay the...

Describe how the governments of Saudi Arabia, the People’s Republic of China, and the United States...

Describe how the governments of Saudi Arabia, the People’s Republic of China, and the United States regulate the Web.

The People’s Republic of China, with a population of over one billion, four hundred million citizens...

The People’s Republic of China, with a population of over one billion, four hundred million citizens has put in place a one-child per family law. Provide both a defense and refutation argument for the policy using ethical justifications.

In 2018 in an attempt to improve the reputation of the Democratic People’s Republic of Korea...

In 2018 in an attempt to improve the reputation of the Democratic People’s Republic of Korea (DPRK) lottery tickets were sold to people around the world. The grand prize of this lottery was a weekend with Kim Jung Un. During anevening with Kim Jung Un the lottery winner was offered a meal made from one of the lobsters in Kim Jung Un’s private lobster aquarium.(Which by the way are all Maine lobsters!) The average weight of the lobsters was 22...

A dam was proposed to be built on a certain river in a natural setting that...

A dam was proposed to be built on a certain river in a natural setting that would produce hydroelectric power and create recreational activities, such as boating, swimming, and water-skiing. The only problem, as environmentalists see it, is that there is a certain species of fish found only in this river that will become extinct if the dam is built. The fish is not used for food or sport; in fact, no one knows what purpose it serves by being...

The Deligne Dam on the Cayley River is built so that the wall facing the water...

The Deligne Dam on the Cayley River is built so that the wall facing the water is shaped like the region above the curve y = 0.5 x ^2 and below the line y = 280 . (Here, distances are measured in meters.) The water level is 34 meters below the top of the dam. Find the force (in Newtons) exerted on the dam by water pressure. (Water has a density of 1000 kg/ m^ 3 , and the acceleration...

for a dam construction , what is the stages of the dam constructions starting from project...

for a dam construction , what is the stages of the dam constructions starting from project stage to operations.

China has a trade surplus and the People’s Bank of China (PBC, China’s central bank) purchases...

China has a trade surplus and the People’s Bank of China (PBC, China’s central bank) purchases all the excess foreign currency earning of the country’s exporters. This policy is equivalent to bond purchases by the PBC through open market operations. What is the impact of the PBC’s policy of foreign currency purchase on the country's money supply? If all foreign conditions are exogenous and the aggregate real income, the price level, and the future conditions of the Chinese economy (including...

A. China’s central bank is called the People’s Bank of China. (It is China’s equivalent to...

A. China’s central bank is called the People’s Bank of China. (It is China’s equivalent to the US Federal Reserve Bank.) What are the main policy steps taken by the People’s Bank of China to create China’s trade surplus? What essential personal choices are made by China’s citizens that facilitate this policy choice by the People’s Bank of China? What is the safeguard, to prevent inflation that the People’s Bank of China builds into this policy from part A? How...

Question