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Do expenditures on road construction projects represent good investmen

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Sajjad1994
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Do expenditures on road construction projects represent good investmen [#permalink] New post   Updated on: 03 Oct 2023, 10:29
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Do expenditures on road construction projects represent good investments for communities? The taxpaying public will never know because community planners rarely analyze road projects as investments. The benefits that local residents will receive from a new or improved road, such as increased efficiency, fewer accidents, and reduced vehicle operating costs, as well as the potential regional impacts on jobs, population, and income, should be measured. These benefits should then be compared with the total construction costs of the project, such as planning and design, land purchases, construction, and costs for moving utility lines. Only then will any investment in building or improving roads be made with reasonable confidence.
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1. Based on the information given, which one of the following can be most logically inferred?
The ecologist faults community planners generally for not considering the effect of converting land to industrial or residential use.
The economist would allow road construction to proceed even if it would threaten sensitive ecosystems.
Both the economist and ecologist offer guidance for planners who are considering whether to undertake road construction projects.
Both the economist and the ecologist consider the regional economic impacts of road construction projects.
Neither the economist nor the ecologist provides clear criteria for determining whether a road project should be undertaken.
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Both the economist and ecologist offer guidance for planners who are considering whether to undertake road construction projects.

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2. For each of the following statements, select Yes if the statement is supported by the information provided. Otherwise select No.
Yes No
The economist is more intent on endorsing road construction projects than the ecologist is.
The economist and the ecologist are both concerned with the criteria on which community planners base decisions.
The ecologist is concerned with how road projects can affect the quality of life within communities, whereas the economist is not.
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The economist is more intent on endorsing road construction projects than the ecologist is.: No The economist and the ecologist are both concerned with the criteria on which community planners base decisions.: Yes The ecologist is concerned with how road projects can affect the quality of life within communities, whereas the economist is not.: No

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3. In the columns, select Acceptable for each detail that would make the new road acceptable under the standards provided by both the economist and the ecologist, based on the information provided. Otherwise, select Not acceptable.
Acceptable Not Acceptable
The road’s planned route could be altered to avoid the sensitive ecosystem at no additional cost.
The road would provide a significant economic benefit to neighboring communities.
Mitigating the threat to the sensitive ecosystem would cost an additional $1 million.
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The road’s planned route could be altered to avoid the sensitive ecosystem at no additional cost.: Acceptable The road would provide a significant economic benefit to neighboring communities.: Not Acceptable Mitigating the threat to the sensitive ecosystem would cost an additional $1 million.: Not Acceptable


Originally posted by Sajjad1994 on 11 Jul 2020, 09:47.
Last edited by BottomJee on 03 Oct 2023, 10:29, edited 3 times in total.
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Re: Do expenditures on road construction projects represent good investmen [#permalink] New post   11 Jul 2020, 10:22
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1)C,since both economist and ecologist are talking about the impacts of road construction project and whether to carry it.

2)a)No,since no one is endorsing the project rather one is looking the impact and benefits of the project for people and the other is looking the impact on environment.
b)Yes,both are concerned with how the planners base their decision,I mean is it via public good or via ecological/environmental considerations
c)No,there is no such bias mentioned in the above para, it's just that both are talking of two different cases.


3) Statement 2 & 3 are directly not acceptable since 2 only talks about the economic benefits,which only satisfies the economist criteria and here there might be negative environmental impacts,while in statement 3 it is only talking about the ecosystem and not about the economy,thus looking on only one side of the coin

While statement 1 talks about ecology (avoiding any problems to environment by planning the road) and economy(since cost saving is there,which ultimately saves taxpayers money and road is also constructed ,thus economic benefits are also there) ,so both economist and ecologist are happy

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Re: Do expenditures on road construction projects represent good investmen [#permalink] New post   20 Dec 2023, 19:52
In Q3, I think the 1st statement is still Not acceptable - we are not given any information whether the proposed route alteration can change the benefits or not.
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Re: Do expenditures on road construction projects represent good investmen [#permalink] New post   02 Mar 2024, 05:53
We have been given three tabs. For the first two question, we will consider the first two tabs.

First Tab: Economists
- The benefits that local residents will receive from a new or improved road, should be measured.
- These benefits should then be compared with the total construction costs of the project.
- Only then will any investment in building or improving roads be made with reasonable confidence.

Second Tab: Ecologist
- Community planners should consider the full range of ecological effects of any road construction projects.
- Evaluations based on only a few species or resources may be adequate for small projects, but the construction of several highway systems can together alter entire regions, disrupting migratory pathways and other ecosystem processes.
- These effects may be augmented by the conversion of land to industrial or residential use that usually accompanies road building.
- Once all of the environmental considerations have been evaluated, planners should proceed with a proposed road construction project only if it will not damage sensitive ecosystems or if suitable mitigation measures can be implemented.

Question 1
Based on the information given, which one of the following can be most logically inferred?

A. The ecologist faults community planners generally for not considering the effect of converting land to industrial or residential use.
: Ecologist isn't blaming anyone.

B. The economist would allow road construction to proceed even if it would threaten sensitive ecosystems.
: Nothing as such is stated.
C. Both the economist and ecologist offer guidance for planners who are considering whether to undertake road construction projects.: This is true, hence this is the answer.

Scroll down for answer 2
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Re: Do expenditures on road construction projects represent good investmen [#permalink] New post   02 Mar 2024, 05:55
rohan.garg971 wrote:
In Q3, I think the 1st statement is still Not acceptable - we are not given any information whether the proposed route alteration can change the benefits or not.

Rule of thumb: ­Read "could be" in Reasoning as "will be"
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Do expenditures on road construction projects represent good investmen [#permalink] New post   17 Apr 2024, 10:37
Apt0810 wrote:
1)C,since both economist and ecologist are talking about the impacts of road construction project and whether to carry it.

2)a)No,since no one is endorsing the project rather one is looking the impact and benefits of the project for people and the other is looking the impact on environment.
b)Yes,both are concerned with how the planners base their decision,I mean is it via public good or via ecological/environmental considerations
c)No,there is no such bias mentioned in the above para, it's just that both are talking of two different cases.


3) Statement 2 & 3 are directly not acceptable since 2 only talks about the economic benefits,which only satisfies the economist criteria and here there might be negative environmental impacts,while in statement 3 it is only talking about the ecosystem and not about the economy,thus looking on only one side of the coin

While statement 1 talks about ecology (avoiding any problems to environment by planning the road) and economy(since cost saving is there,which ultimately saves taxpayers money and road is also constructed ,thus economic benefits are also there) ,so both economist and ecologist are happy

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­Hi,

Why the answer for question 2.a is No? My reasoning is that as benefit is 2.5 mln while cost is 2 mln, economist is more willing to accept the project compared to ecologist who has the econological concerns regarding the project.­

Or is it because the question asks general question about the road construction projects rather than focusing only to the new one given in another tab?
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Do expenditures on road construction projects represent good investmen [#permalink]
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