Homework 4b (solutions)

Homework 4b (solutions) - Homework 4b (solutions) 1. How...

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Homework 4b (solutions) 1. How did the city of Arlington propose to fund the new Cowboy Stadium? They proposed to increase sales tax, hotel tax, and rental car tax. 2. Make a convincing argument that Arlington should have subsidized building the new Cowboy’s Stadium. Answers may vary 3. Make a convincing argument that Arlington should not have subsidized building the new Cowboy’s Stadium. Answers may vary 4. What effect did announcing the stadium at Fair Park have on home prices in a. City of Dallas? increase b. County of Dallas? decrease c. Explain why. Financing the stadium was going to be provided by the county of Dallas. But since the city of Dallas was still financing the American Airlines Center, they could not increase their sales tax. As such, the financing of the stadium would have been by the County of Dallas but not the City of Dallas. 5. What leverage was the owner of the Seattle Seahawks use to secure public financing for a new football stadium?
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This note was uploaded on 02/19/2012 for the course ECON 3306 taught by Professor Staff during the Spring '08 term at UT Arlington.

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Homework 4b (solutions) - Homework 4b (solutions) 1. How...

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