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AICP Economics and Statistics

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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  
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Retaining existing business and industry is a goal of?   Economic Development Programs  
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Attracting business is a goal of?   Economic Development Programs  
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Developing and financing facilities that help capture business is a goal of?   Economic Development Programs  
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When material that is a matter of public record containing sensitive, private, or confidential information is removed from a public file.   Redaction  
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Concurrency is attributable to which state?   Florida  
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The most common measure of traffic volume is?   LOS  
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Compares what a community gains from a project to what must be sacrificed to obtain it.   Cost-Benefit Analysis  
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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  
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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  
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The industrial classification system that replaced the SIC is?   North American Industry Classification System (NAICS)  
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Utilize quantitative methods to analyze impact on the community; ie economic base theory, location quotient, shift-share, etc.   Economic Development Plans  
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Use of info or current data symptomatic of what is being studied; ie sampling   Estimate  
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"Best Guess" - id future considtion analysist feels to occur; decisions & judgement with respect to various factors & variables; might be skewed   Forecast  
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"what If" about future if assumptions prove true (IF)   Projection  
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Constructed to avoid undesirable futures, make desired forecasts come true, to create more desirable futures   Plan  
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Method adds a shift factor to account for jobs into or out of local economy due to factors affecting local economy.   Shift-share  
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Method determines level of basic sector employment by comparing local economy to economy of larger geographic region, State or country.   Location Quotient  
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Method which allows analysts to quantify and evaluate connections between industrial sectors.   Input-Output Modeling  
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Give money to develop businesses in a certain location.   Place-Related Programs (Carter) Federal fundiing 1960s  
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Enacted in 1994-Federal funds to distressed areas.   Empowerment Zone Program (Clinton)  
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Zone with tax breads for new investment are offered - tax reductions, direct grants, waiving land use requirements.   Enterprize zone  
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