Part I: Suppose you are a member of the Texas Legislature and you have to give your recommendation on how to allocate $100 million dollars at the local level. You can only spend it on 5 of the areas listed below. How would you use the money? Make a list of the 5 areas you consider the most important areas and explain why. Put them in order of importance to you and tell your fellow members of the legislature how much money you would allocate to each area. NOTE: You cannot allocate the money equally across all 5 areas. Museums, sports facilities, recycling sites, mental health facilities, sheriff departments, roads, bridges and highways, child protective services, emergency shelters, nursing homes, public transportation, public libraries, tourism development, domestic violence programs, housing programs, parks and wildlife, jails and prisons, beaches and waterways development, drug rehabilitation programs, programs for people with disabilities, animal shelters, regional airports. Start your speech by saying "Good morning members of the Texas Legislature, I'm Representative ___________ or Senator _____________ ) and here is my proposal to allocate the $100 million dollars for the current budget cycle:"

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter13: Money And The Financial System
Section: Chapter Questions
Problem 1.4P
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Part I:

Suppose you are a member of the Texas Legislature and you have to give your recommendation on how to allocate $100 million dollars at the local level. You can only spend it on 5 of the areas listed below. How would you use the money? Make a list of the 5 areas you consider the most important areas and explain why. Put them in order of importance to you and tell your fellow members of the legislature how much money you would allocate to each area.

NOTE: You cannot allocate the money equally across all 5 areas.

Museums, sports facilities, recycling sites, mental health facilities, sheriff departments, roads, bridges and highways, child protective services, emergency shelters, nursing homes, public transportation, public libraries, tourism development, domestic violence programs, housing programs, parks and wildlife, jails and prisons, beaches and waterways development, drug rehabilitation programs, programs for people with disabilities, animal shelters, regional airports.

Start your speech by saying "Good morning members of the Texas Legislature, I'm Representative ___________ or Senator _____________ ) and here is my proposal to allocate the $100 million dollars for the current budget cycle:"

Part II:

 

 

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