Hi I've been working on an analysis re impacts of construction. The construction project would cost almost $350 million and would occur over a time frame of up to 10 yrs. I have 3 questions. 1. I get VERY high Labor Income impacts -- averaging more than $110,000 per worker. These are mostly construction workers. My question, or rather, my confusion: I guess the labor income impact is the impact spread over the entire construction period? In other words, this is NOT an annualized impact, correct? 1.a: Similarly, the employment impact is measured in employee-years, right? So, if the impact is 1400 jobs, that could be 140 jobs for 10 years, 1400 jobs in 1 yr, or 700 jobs over 2 years -- am I correct? 2. If the preceding guess is correct, then I still have a problem in that labor income per worker is still way too high. How is this explained? Is it that the proprietary income accounts for an unusually high amount? My understanding is that 'proprietary income' is equal to the COMPANY profit -- is that right? Or is it just the business owner's cut fee/profit? Can you please clarify? 3. This is an easier (I hope) question: why does the model change my direct output impact? For instance, I'll input a construction output figure of say, $50 million, but after I run the model, the direct impact shows up as something like $49,999,985. Can you please explain how that works? All answers will be much appreciated. Thank you very much!
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