review the following description of an economic impact study and answer the questions that follow. when you have finished, you will have measured the economic impact of a large sport event.

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19-12-2022
Business

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review the following description of an economic impact study and answer the questions that follow. when you have finished, you will have measured the economic impact of a large sport event.

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akankshasharma92 akankshasharma92 · Answer 1 · 2022-12-22T18:18:13+01:00

The net change in an economic impact on by a sport event is referred to as the economic effect of the event. The activity comprising the purchase, usage, development.

An economic impact analysis (EIA) looks at how a certain event will affect the economy in a certain area, which might be anything from a small neighborhood to the entire world. It often tracks changes in company income, company profitability, individual pay, and/or job opportunities. A new project or policy may be implemented as the economic event under study, or it may just be the existence of a company or other entity. When a proposed project or policy is the subject of public concern over possible effects, an economic impact study is frequently carried out. In an economic effect study, the change in economic activity between two scenarios—one assuming the economic event happens and the other—referred to as the counterfactual case—is often measured or estimated.

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