Answer:
C. encouraging the fed govt to locate a new university.
Step-by-step explanation:
A new university would attract highly skilled workers and their families, who would tend to have higher incomes. The university would also create jobs for local residents, and it would generate economic activity that would benefit the entire city.
The other policies would not be as effective in reducing population. Reducing public services would make the city less attractive to live in, and it would not necessarily lead to higher wages. Raising taxes on firms would make it more difficult for businesses to operate in the city, and it could lead to job losses. Increasing enforcement of local environmental laws would also make the city less attractive to live in, and it would not necessarily lead to higher wages.
Here is a more detailed explanation of why each policy would be effective or ineffective:
- Reducing public services: This policy would make the city less attractive to live in, and it could lead to people moving away. However, it would not necessarily lead to higher wages. In fact, it could lead to lower wages, as businesses would have to pay less to attract workers to a city with fewer amenities.
- Increasing enforcement of local environmental laws: This policy could make the city less attractive to live in, and it could lead to people moving away. However, it would not necessarily lead to higher wages. In fact, it could lead to lower wages, as businesses would have to pay more to comply with the stricter environmental regulations.
- Encouraging the fed govt to locate a new university: This policy would attract highly skilled workers and their families, who would tend to have higher incomes. The university would also create jobs for local residents, and it would generate economic activity that would benefit the entire city. This policy is the most likely to achieve the desired outcome of reducing population but increasing wages.
- Raising taxes on firms: This policy would make it more difficult for businesses to operate in the city, and it could lead to job losses. This policy would not be effective in reducing population, and it could actually lead to lower wages as businesses would have to pay less to attract workers to a city with a higher tax burden.
- Reducing public services to the public (roads): This policy would make the city less attractive to live in, and it could lead to people moving away. However, it would not necessarily lead to higher wages. In fact, it could lead to lower wages, as businesses would have to pay more to transport goods and services to and from the city.
Overall, the best policy for an urban policymaker who wants to reduce population but increase wages for those who stay is to encourage the federal government to locate a new university in the city. This policy would attract highly skilled workers and their families, who would tend to have higher incomes. The university would also create jobs for local residents, and it would generate economic activity that would benefit the entire city.