Compose a plan to the Tuscaloosa Chamber of Commerce on how to foster long-run economic growth in the city. Describe a multi-faceted plan which is based upon the growth determinants we have discussed in class. You may want to discuss such topics as the current industrial composition (using a Location Quotient discussion) of the city, human capital, knowledge spillovers, congestion, amenities, zoning, and taxation. Be creative and come up with a novel plan.

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1 The first step is to increase the citys human capital This can be done by attracting more highsk... View the full answer