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aicp ED and finance

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
NAICS   show
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show Urban Development Action Grant 1978-1989 grants to cities and urban counties which are experiencing severe economic distress to help stimulate economic development activity needed to aid in economic recovery  
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show looks at basic and non-basic economic activities.  
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Location Quotient formula   show
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show economic activity that can be exported, such as automotive manufacturing.  
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Non- basic   show
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Four main parts of ED   show
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show manufacturing jobs through the 1970’s – is shifting now towards service sector jobs, smaller businesses, and entrepreneurial ventures.  
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show unemployment, housing starts, Consumer Price Index (a measure for inflation), industrial production, bankruptcies, Gross Domestic Product, broadband internet penetration, retail sales, stock market prices, and money supply changes  
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show Move from older manufacturing towns to sun belt;Move from urban core to suburbs and exurbs – now in the midst of the back to the city movement;Large metro areas to non-metro communities  
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show makes loans directly to businesses and acts as a guarantor on bank loans.also makes loans to victims of natural disasters, works to get government procurement contracts for small businesses assists businesses with management,technical and training issues.  
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Grant Thornton   show
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show determines sales capacity of a market area; it determines if the introduction of a new business will generate additional customers.  
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show area is exporting this good or service  
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If location quotient is less than one   show
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Shift-share technique   show
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show metro district to provide ambulance services, fire protection, hospital, mosquito control, park and recreation, safety protection, sanitation, street improvements, television. General Improvement District  
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Gross national product and Gross Domestic product   show
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Operating Budget   show
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Capital Budget   show
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show 5-10 years – things that will be completed over time, how they will be financed, etc…  
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show basic budget, costs of activities projected and inflation is added.  
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show Planning, Programming, Budgeting, Systems – based on accomplishing goals set by each department  
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ZBB   show
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show funding increases as departments meet set goals i.e. the planning department gets more money for plan review as they successfully review a certain number of plans.  
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show financing where budgetary restrictions demand paying for expenditures with funds that are made available as the program is in progress  
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Rerserve funds   show
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show bonds are issued after approval by voters. Tax revenue is then used to pay back bonds.  
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show Use revenue from the thing you bonded for to pay off the bond. good example is baseball stadium.  
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show increase in tax revenue used to construct improvements  
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show specific group is assessed to pay for a specific improvement. i.e. upgraded landscaping on a specific city street. Street residents are assessed to pay for the upgrades  
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Lease Purchase   show
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Progressive tax   show
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Proportional tax   show
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Regressive tax   show
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show the use of information and communication technology to provide and improve government services, transactions and interactions with citizens, businesses, and other arms of government.  
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Telecommunications Act   show
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show provides tax credit incentives to investors for investing in communities that are economically distressed or have low-income populations.  
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Telecom hotels   show
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show It is the interest rate that a bond issuer will pay to a bondholder.if you hold $10,000 nominal of a bond described as a 4.5% loan stock, you will receive $450 in interest  
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show North American Free Trade Agreement  
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Input-Output Analysis   show
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show efforts to estimate the budgetary effects of various types of land uses on local governmental jurisdictions or other local service providers.  
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Average per capita method   show
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Adjusted per capita method   show
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show assumes fiscal impact based on costs of different land uses. i.e. - Retail vs. residential  
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show uses statistics and time, accounts for sales tax.  
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show Use revenue from the thing you bonded for to pay off the bond. good example is baseball stadium.  
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Cost-benefit analysis   show
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Cost-effectiveness analysis   show
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revolving loan fund   show
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Created by: gmcmillan