1. During our class lectures, we discussed the pros and cons of economic impact as it pertains to sport development and the concept of financing. Please identify as many flaws as you can regarding these impact studies, both in terms of how they may under-estimate and over-estimate net impact to a local economy. You can bullet point these out, but be specific.

2. The non-monetary benefits of teams in their local areas are often referred to as _______, and this concept is measured through the ___________.

	A.	Psychic impact; spending surveys
	B.	Economic impact; spending surveys
	C.	Psychic impact; contingent valuation method
	D.	Economic impact; contingent valuation method