Suppose that a public project (for example, a golf course) is funded out of general tax revenues. The proportion of the population benefiting from the project is split into a high-income group and a low-income group, and 75% of the benefits go to the high-income group. How does this information affect a benefit-cost analysis?

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The Answer of Suppose that a public project (for example, a golf course) is funded out of general tax revenues. The proportion of the population benefiting from the project is split into a high-income group and a low-income group, and 75% of the benefits go to the high-income group. How does this information affect a benefit-cost analysis?

Suppose That a Public Project (For Example, a Golf Course)