Question: 1. Suppose a project will require 3000 local labour hours at the construction stage. Assume it can hire 80 % of labour who would otherwise

1. Suppose a project will require 3000 local labour hours at the construction stage. Assume it can hire 80 % of labour who would otherwise be unemployed and 20% of labour will be sourced from elsewhere in the economy. The market wage of labour is $45 per hour while the leisure time for unemployed labour is measured at $20 per hour. Match the following values you would use in the CBA

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