Which argument is usually used to justify the use of public funds to partially finance the construction of sports stadiums?
A) they can be built in outlying areas so they will not affect downtown re-development efforts
B) the sports stadium will partially siphon away business from local establishments
C) there will be increased tax revenues as a result of new jobs and spending
D) the subsidy will allow the team's owner to allocate less funds to players' salaries
Correct Answer:
Verified
Q79: Education is an activity that is considered
Q80: Sources of market failure include all of
Q81: In order to prove that a firm
Q82: In 2002, the top 5 firms in
Q83: In 2002, companies from what industry paid
Q84: The Clayton Act was needed to
A) follow
Q85: The problem with local government charging motorists
Q86: Partial deregulation of the electricity market in
Q87: Assume that there are spillover benefits associated
Q89: Opponents of using taxpayer dollars to pay
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents