Suppose your community is considering using public money to build a new sports stadium for the team that is already in the community and unlikely to ever leave. Suppose you are watching a news broadcast in which the supporters are saying that it will enhance economic activity because of the increase in restaurant activity that will occur around the new stadium. Now suppose you hear that an independent economist is going to appear during the next segment. It is likely she will say:_______
a. there will be no new jobs created in net because there will be about the same number of restaurant jobs lost near the old stadium as gained near the new one.
b. the jobs created in the area will make it worth the investment.
c. there will be no new jobs created.
d. it may be a short-term cost, but in the long term, it will be worthwhile.

Answers

Answer 1

Answer:

a. there will be no new jobs created in net because there will be about the same number of restaurant jobs lost near the old stadium as gained near the new one.

Explanation:

If the sports team already has a stadium in an area, and said stadium is demolished, or simply abandoned, because a new stadium is built with public money, the net effect in job creation will likely be very small, because the jobs  associated with the old stadium will be lost and replaced in similar number by the jobs associated with the new stadium.

Besides, the opportunity cost of using public funds to build a new stadium can be very high. Said public money could have been used instead to fund public schools, or hospitals.


Related Questions

Study the flow chart below, which represents the legislative path of a certain state bill.
A flowchart showing a cycle in the following order: Bill introduced in senate; bill sent to committee; bill sent back to senate; bill goes to house of reps; governor signs bill, but vetoes certain lines.
Which of the following scenarios is represented chronologically by the flow chart?
A.
A Virginia bill establishing April as Confederate History Month was introduced and passed in the State Senate, but it was rejected without a committee hearing in the House of Representatives.
B.
A New York immigration bill was introduced in the Senate and passed with amendments recommended by the committee. The bill then passed in the House of Representatives but was pocket vetoed by the governor.
C.
An Illinois bill banning the use of personal radar detectors was introduced and passed in the House of Representatives, but it failed in the Senate. It was sent to committee and passed with the recommended amendments and signed by the governor after the governor vetoed a few lines regarding the sale of radar detectors.
D.
An Indiana bill raising the sales tax was introduced in the State Senate and passed with amendments recommended by the committee. The bill was then passed in the House of Representatives and subsequently signed by the governor, but only after the governor vetoed certain lines excluding car and boat sales from the tax increase.

Answers

Answer:

D

Explanation:

In Indiana, a bill to raise the sales tax was filed in the State Senate and approved with committee-recommended revisions. After the House of Representatives approved it, the bill was signed by the governor after he vetoed a few sections that would have exempted sales of cars and boats from the tax rise. As a result, choice (D) is valid.

What is a bill?

A bill is a piece of proposed legislation that is being considered by one of the two houses of the US Congress: the House of Representatives or the Senate. A bill can be proposed by anyone who was elected to either body. A bill is forwarded to the President of the United States for approval once it has been approved by both chambers.

A member of the House introduces a bill by inserting a hard copy into a hopper, a wooden box. The bill is put on the presiding officer's desk in the Senate.

Hence, option (D) is accurate.

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What did the Soviet Union and its allies want during the Vietnam War? How did they try to meet their goals?

Answers

Answer:

As the world's largest communist powers, both the Soviet Union and China gave moral, logistic and military support to North Vietnam. They hoped to build and expand communism in the Asia.

Answer: They hoped to build and expand communism in Asia.

Explanation: hope this helps : )

Why is September 11,2001 a significant date in US history

Answers

Answer:  on september 11 there was a series of airline attacks from 19 terrorists associated with the Islamic extremist group. It was the deadliest terrorist attack on U.S. soil; nearly 3,000 people were killed.

Explanation:

The terror attacks on September 11, 2001, were the deadliest attacks on US soil since the Pearl Harbor bombing that launched the US into World War II. The plane hijackings that struck the World Trade Center, the Pentagon, and a Pennsylvania field killed 2,977 people.

Answer:The answer is The September 11 attacks were a series of four coordinated terrorist attacks by the Islamic terrorist group al-Qaeda against the United States on the morning of Tuesday, September 11, 2001.

Explanation:There were 2,996 deaths, 25,000 injuries, As the evacuation of the tower and its twin got underway, television cameras broadcasted live images of what initially appeared to be a freak accident. Then, 18 minutes after the first plane hit, a second Boeing 767—United Airlines Flight 175—appeared out of the sky, turned sharply toward the World Trade Center and sliced into the south tower near the 60th floor.

The collision caused a massive explosion that showered burning debris over surrounding buildings and onto the streets below. It immediately became clear that America was under attack.(brainllest PLEASE)

Imagine you are the King of England and read Two Treatise of. How would you feel about the ideas promoted in it?

Answers

Answer:

i would feel proud

Explanation:

which of the following cultures lived in the southwest region of the United States​

Answers

Answer:

I dont see the options

Explanation:

What kind of troops did America send to Vietnam in the early 1960s?​

Answers

Answer:

The Green Berets

Explanation:

The United States role in the Vietnam war increased into full involvement from 1955 to 1973. In May, 1961, President John Kennedy sent 500 United States Army Special Forces personnel to South Vietnam. These special forces also known as the Green Berets are specially trained in information operations, counterterrorism, counterinsurgency, unconventional warfare, special reconnaissance, direct action, foreign internal defense and weapons of mass destruction.

The green berets were sent to South Vietnam to train south Vietnamese soldiers. By November 1963, president Kennedy had increased the number of military personnel to 16000, just before his assassination.

How can a nation develop its human capital.

Answers

Answer:

Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. ... The concept of human capital is the realization that not everyone has the same skill sets or knowledge. Also, the quality of work can be improved by investing in people's education.

Explanation:

Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. The concept of human capital is the realization that not everyone has the same skill sets or knowledge. Also, the quality of work can be improved by investing in people’s education

How did the Inuit adapt to their climate? Select all that apply.

Answers

Answer:

They live in igloos for most of the year, but what is so special about the igloo is that it maintains heat. It seems crazy but the reason behind this is that snow is a good insulator which means the heat is trapped inside the igloo.

Explanation:

The Inuit adapt to their climate by hunting seal and other sea mammals and use kayaks and dog sleds for transport.

Ralph Waldo Emerson, Margaret Fuller, and Henry David Thoreau were all

A)Romantic artists.

B)social reformers.

C)religious revivalists.

D)transcendentalist thinkers.

Answers

Answer:

D - Transcendentalist Thinkers

Explanation:

took the quiz

Why did colonists institute slavery

Answers

Answer: The Carolinians transformed indians slave trade during the late 17th and early 18th centuries by treating them such slaves as a trade commodity to be exported,mainly to the west indies.

Why did the Soviet Union set up communist governments in Eastern Europe?
A. to punish Germany
B. to start the Cold War
C. to discourage a German invasion
D. to promote democracy

Answers

Answer:

C. to discourage a German invasion

Explanation:

Name three innovations in commercial practices or transportation that helped to increase trade along
the Silk Road.

Answers

The creation of technology such as saddles, stirrups, and even caravans were integral in the growth of the Silk Road because it allowed more people to travel them.

What was the opinion of most Americans as the Civil War started

Answers

Answer:

The answer is that they thought that it would be a short yet glourious victory.

Explanation:

The emotions among the people when the Civil War started was mixed. People were overwhlemed with the amount of killing, yet didn't want to stop it until they got their way. The Battle of Antietam is the deadliest one day battle in US history. So you can imagine how much that shook up the people back at home. Photography was also very new and for the first time their were pictures available of the battlefield. It was traumatizing, yes, but the main mind set during the Civil War was to kill as many people who didn't approve with you as you could to protect your lifestyle. (Sorry it's so long :P hope you understand now)

President Roosevelt called December 7, 1941, “a date which will live in infamy.” Which of these definitions is the best meaning of the word “infamy”?

Answers

the literal definition is a well known for some bad quality or deed. Just think of a bad person in history. We would call that person Infamous because of his actions. This goes the same for Infamy. Hes saying that this horrible attack will live in Infamy(which means well known terrible thing) we will remember forever. Hope this helps

Answer:

D

Explanation:

I said so.

What brought the genocide to an end or lessened the intensity of the conflict?

Answers

Answer:

It is the world pressure that stops this

The genocide in Rwanda was brought to an end by the military forces of the Rwandan Patriotic Front (RPF) led by Paul Kagame. The RPF captured the capital, Kigali, on July 4, 1994, effectively ending the genocide.

What was the genocide in Rwanda?

The Rwandan genocide was a mass slaughter that occurred in 1994 in the African country of Rwanda. It was a culmination of longstanding ethnic tensions between the majority Hutu and the minority Tutsi populations.

On April 6, 1994, the Hutu President Juvénal Habyarimana was assassinated, triggering a wave of violence against Tutsi people and moderate Hutus.

Over the course of approximately 100 days, an estimated 800,000 Tutsis and moderate Hutus were brutally killed by Hutu extremists, using machetes, firearms, and other weapons.

The genocide left Rwanda devastated, with deep scars that continue to affect the country today. The international community has been criticized for failing to intervene and stop the genocide.

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What were two outcomes of the treaty of Versailles

Answers

The two major outcomes were Germany, together with its allies, was forced to assume the whole responsibility for all the losses and all the damage caused.

The Treaty of Versailles was enacted in 1919 as the paece agreeement that ended WWI and it signed between the Allied victorious powers and Germany. Its two major outcomes were the following:

Germany, together with its allies, was forced to assume the whole responsibility for all the losses and all the damage caused.

Germany had to disarm and renounce to some of its territories. Moreover, war reparations were imposed on Germany, in the form of very large money sums, that had to be paid to the victorious contries.

This treaty was not very sucessful in relieving the tensions that had characterized WWI, and its provisions would be connected to the causes of the subsequent WWII.

Which Supreme Court decision is correctly paired with its subject?

Answers

Regents of the University of California v. Bakke (1978)- Affirmative Action is the Supreme Court decision correctly paired with its subject.

What is Affirmative Action?

Affirmative action refers to a collection of regulations and procedures used by a government or organization to include specific groups based on their gender, ethnicity, sexual orientation, religion, or nationality in spheres where they are underrepresented, such as employment and education.

Support for affirmative action has historically and worldwide aimed to achieve objectives like addressing income and employment disparities, expanding educational opportunities, fostering diversity, and redressing ostensible past wrongs, harms, or obstacles.

Affirmative action laws can range from a strict quota to a simple objective of encouragement for more participation, depending on the location.

Some nations employ a quota system, reserving a specific proportion of open positions in the government, politics, and educational institutions for members of a particular group.

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Which item is an example of a primary source

Answers

Answer:

B

Explanation:Primary Sources are immediate, first-hand accounts of a topic, from people who had a direct connection with it.


Where was the Mayan civilization located?

Answers

Answer:

It was located in the Yucatan Peninsula. Today it considered is a southern area of Mexico

Explanation:

Hope this helps : )

Answer:

The Maya civilization was located in the Yucatan Peninsula, which today is the southeastern part of Mexico and neighboring nations of Belize and Guatemala. They also extended into parts of Honduras and El Salvador.

Explanation:

The Maya civilization was located in the Yucatan Peninsula, which today is the southeastern part of Mexico and neighboring nations of Belize and Guatemala. They also extended into parts of Honduras and El Salvador.

of the 4 Deserts races poses unique challenges. What are the challenges posed by the Atacama Desert and the Sahara Desert

Answers

Answer:

The Atacama Desert and Sahara Desert are known for its extreme aridity. These deserts don’t experience rainfall and the air is usually very dry with little or no water humidity. These conditions makes it very difficult for plants and animals to thrive in.

Since they don’t support animal and plant life they are usually empty with occasional plants and animals adapted in water conservation bring present in the region.

Which statement would Zora Neale Hurston agree with?

Answers

Can you please attach the statements ( answer choices)

How did the fall of China to communism impact America’s Cold War policy making?

Answers

Answer:

A Communist China, comprising a quarter of the world's population, had  The PRC's foreign policy during the Cold War went through several distinctive stages.  to each other's aid if either were attacked by Japan or the United States.  which first started in fall 1950, firming up support for the Nationalist

Explanation:

Which type of claim is this ?

Answers

Answer:

no info no nothing

Explanation:

Which event led to this letter being written?

A. Teapot Dome scandal
B. Kent State shootings
C. Iran-Contra affair
D. Watergate break-in

Answers

Answer:

I believe the Watergate break-in led to President Nixon resigning.

Which MOST accurately evaluates the arguments presented in this speech?

Answers

Answer:

were is the speech did this come with an image?

Which type of population growth quickly leads to overproduction of a species

Answers

Answer:

exponential growth

Explanation:

What does Congress have the rigths to do in order to enforce this law? (13th Amendment)

Answers

Answer:

In order to enforce the 13 amendment witch abolished slavery punishment as a crime. I'm not 100% sure but they could remove the slaves for freedom with any force necessary as they are considered humans now.

Hope this kinda sorda helps

When Israel was created as a new nation for the Jews, which people were
displaced and kicked off the land they called home for nearly 1000 years?

Answers

Answer:

The Palestinians

Explanation:

The Palestinians were indigenous to Historic Palestine, and were kicked off the land after the Jewish fled to their land. The UN gave the Jews most of the land, and after the war, they ended up with 89% of the land, and the Holy Land was split up into three parts.

Palestinians live in worse conditions than the Israelis, despite living on the same land, and making up 20% of the population.

How did indentured servitude and slavery fit into the business model of early companies like the Dutch West India Company?

Answers

Answer:

Indentured servitude and slavery fit into the business model of early companies like the Dutch West India Company because:

It required exhausting labor, abroad work, and very deplorable work conditions.

Explanation:

The west Dutch Indian company, like many other early organizations that worked under chart schemes, were companies that required very specific profiles for their workforce. First of all, they worked traveling in big ships, they fought against pirates, and competitors, they also had very poor living conditions and constant work rhythm. Making it almost impossible for people to find it attractive. A famous rumor at the time was that only slaves and criminals would join the companies. Due to their conditions. Therefore, slavery and indentured servitude were their best profiles for workers.

What happened before, during, and after the Holocaust in Europe during World War 2?

Answers

Answer:

hi in europe people turned a blind eye to the facet that many jews and their own people who where fighting against the natzis where mercilisly tortured

Explanation: the little kids where thrown into fire and burnt alive or gassed to death the elderly wherer beaten and gassed and all of their possetions where taken b y the natzis  and they where starved and beaten before the holocoust people new who hitler was but they thought that there was no way anyone would vote him in

after wwll most jews had lost their whole ffamily and made their way to isreal hoping to rebuild their nation

please tell me if you need any more help :)

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The urban planner asks a random sample of 100 commuters in the San Francisco Bay Area to record travel times on a Tuesday morning. One year later, the urban planner asks the same 100 commuters to record travel times on a Tuesday morning. The urban planner will see if the difference in commute times shows an increase. solve: 9^8-x= 27^x-3