Do you believe government efforts to manage the economy usually make things better or worse

Do you believe government efforts to manage the economy usually make things better or worse

Do you believe government efforts to manage the economy usually make things better or worse? Provide research support for your positions.

Professional sports and big-league cities go hand in hand. Hosting a professional sports franchise is evidence that a city has arrived per-se – that is not simply a large city but a major league city. Moreover, acquiring or retaining professional sports teams has become important in local economic development plans.

2.From your perspective, is it wise for a major “metropolis” to promote professional sports?

3. What are the advantages/disadvantages?

Please use source below

Lee, R.D. & Johnson, RW. (2008).  Public budgeting systems (8th ed.).  Sudbury, MA:  Jones and Bartlett.  ISBN: 9780763746681

Chapter 14: Intergovernmental Relations

Chapter 15: Government, the Economy, and Economic Development

…………………Answer Preview………………..

Do you believe government efforts to manage the economy usually make things better or worse?

Government efforts to manage economy usually make things better. The government uses Federal Reserve to reduce or increase money in the economy, thus controlling inflation. Through balance of payments, the government maintains equitable trade relationships, for instance between United States and Japan or United States and China. Although the hand of the government looks to make the economy worse, it can create a climate for investment from other countries and this improves the economy. For instance….

APA

314 words

Get instant access to the full solution from yourhomeworksolutions by clicking the purchase button below