With 300 million in state aid to attract 1500 new jobs the


With $300 million in state aid to attract 1,500 new jobs, the initial marginal social cost to Alabama taxpayers of attracting the Mercedes plant was $200,000 per job. Estimate the minimum marginal social benefit required to make this a reasonable expenditure from the tax payers perspective.

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Econometrics: With 300 million in state aid to attract 1500 new jobs the
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