Grant formula,3 and 4 please, thank you!!! 3. A new grant is being offered to cities for mass transit. The grant is categorical. The grantformula is G=.3*(current miles of track) + .7*(age in years of track). Critique this formula.4. A new grant is being offered to county health departments to expand flu vaccinations. The totalgrant amount from the Federal Government is budgeted to be one million dollars. The grantformula is G=(pop/Epop) ($10,000,000) > Critique this formula.

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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3. A new grant is being offered to cities for mass transit. The grant is categorical. The grant formula is G=.3*(current miles of track) + .7*(age in years of track). Critique this formula.

3. A new grant is being offered to cities for mass transit. The grant is categorical. The grant formula is G=.3(current miles of track) + .7(age in years of track). Critique this formula.