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There Are Always Questions About the Uncertainty by the Public

Question 12

Essay

There are always questions about the uncertainty by the public about whether available alternative sources of private financing should supersede the use of public financing, and the contention that the economic returns accruing from public investments do not necessarily equate to the initial investment in the sport facility. For the sport facility discussed in question 11, justify your use of public subsidies to finance the sport facility in terms of the appropriate spillover benefits discussed in the chapter. Defend your answer.

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