Page 1 of 1

Which of the following is correct? When conducting an economic impact assessment of an event, what should we count as di

Posted: Wed Jul 06, 2022 6:33 pm
by answerhappygod
Which of the following is correct?
When conducting an economic impact assessment of anevent, what should we count as direct spending?
-A local resident's spending associated with the event
-A time-switcher's spending associated with the event
-A casual visitor's spending associated with the event
-An incremental visitor's spending associated with the event
-A local business who sponsored the event but would have usedthe money to pay for advertising in the local paper anyway
A(n) _________ is a visitor who was going to visitthe area but changed the time of the visit so it would align withthe event.
-Incremental visitor
-Time-switcher
-Casual
-Substitute
-Producer
Which of the following are causes of overestimating economicimpacts?
-Analysts often have an incentive to find a large impact
-Analysts neglect opportunity costs
-Events can "crowd out" other economic activity by filling uphotels and stopping other people from visiting the area
-Some people leave town during an event to get away from thecongestion
-All of the above are causes of overestimating economicimpacts
_________ is the effect of direct and indirect economic impacton earnings and employment.
-Direct spending
-Indirect impact
-Induced economic impact
-Multiplier effect
-Fiscal impact
If Alachua County is funding a sport event, the geographic areaof impact should be defined as the state of Florida.
-True
-False