click below
click below
Normal Size Small Size show me how
AICP Economics
AICP Economics and Statistics
| Question | Answer |
|---|---|
| Used making a decision on whether or not to spend money to build a new senior center or hire more police. | Cost-Effectiveness Analysis |
| Retaining existing business and industry is a goal of? | Economic Development Programs |
| Attracting business is a goal of? | Economic Development Programs |
| Developing and financing facilities that help capture business is a goal of? | Economic Development Programs |
| When material that is a matter of public record containing sensitive, private, or confidential information is removed from a public file. | Redaction |
| Concurrency is attributable to which state? | Florida |
| The most common measure of traffic volume is? | LOS |
| Compares what a community gains from a project to what must be sacrificed to obtain it. | Cost-Benefit Analysis |
| A systematic comparision between the amount one section of the communty is paying to the cost of serivices provided to that sector. | Cost-Revenue Analysis |
| Its purpose is to assist the city in determining if the project will generate sufficient revenue to defray the cost of public services. | Fiscal Impact Study |
| The industrial classification system that replaced the SIC is? | North American Industry Classification System (NAICS) |
| Utilize quantitative methods to analyze impact on the community; ie economic base theory, location quotient, shift-share, etc. | Economic Development Plans |
| Use of info or current data symptomatic of what is being studied; ie sampling | Estimate |
| "Best Guess" - id future considtion analysist feels to occur; decisions & judgement with respect to various factors & variables; might be skewed | Forecast |
| "what If" about future if assumptions prove true (IF) | Projection |
| Constructed to avoid undesirable futures, make desired forecasts come true, to create more desirable futures | Plan |
| Method adds a shift factor to account for jobs into or out of local economy due to factors affecting local economy. | Shift-share |
| Method determines level of basic sector employment by comparing local economy to economy of larger geographic region, State or country. | Location Quotient |
| Method which allows analysts to quantify and evaluate connections between industrial sectors. | Input-Output Modeling |
| Give money to develop businesses in a certain location. | Place-Related Programs (Carter) Federal fundiing 1960s |
| Enacted in 1994-Federal funds to distressed areas. | Empowerment Zone Program (Clinton) |
| Zone with tax breads for new investment are offered - tax reductions, direct grants, waiving land use requirements. | Enterprize zone |