Impact Inc. is an economic consulting firm that prepares economic impact reports for cities and for events. Suppose that it has been hired by the city commission of Fan City on a proposal to hold a Monster Truck event in the city’s stadium one weekend. Which of the following would be considered an “indirect effect” in the Economic Impact report? a. The salaries earned by the truck manufacturers. b. The salaries (incomes) of the city officials. c. The value of promotional tickets given away for free to local charities. d. The value of the concession food that the provider will buy from local sources. e. The spending done by the security staff the week after the event.
Impact Inc. is an economic consulting firm that prepares economic impact reports for cities and for events. Suppose that it has been hired by the city commission of Fan City on a proposal to hold a Monster Truck event in the city’s stadium one weekend. Which of the following would be considered an “indirect effect” in the Economic Impact report? a. The salaries earned by the truck manufacturers. b. The salaries (incomes) of the city officials. c. The value of promotional tickets given away for free to local charities. d. The value of the concession food that the provider will buy from local sources. e. The spending done by the security staff the week after the event.
Chapter1: Introducing The Economic Way Of Thinking
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Impact Inc. is an economic consulting firm that prepares economic impact reports for cities and for events. Suppose that it has been hired by the city commission of Fan City on a proposal to hold a Monster Truck event in the city’s stadium one weekend. Which of the following would be considered an “indirect effect” in the Economic Impact report?
a. The salaries earned by the truck manufacturers.
b. The salaries (incomes) of the city officials.
c. The value of promotional tickets given away for free to local charities.
d. The value of the concession food that the provider will buy from local sources. e. The spending done by the security staff the week after the event.
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