Forecasting involves which of the following?

		Quantify future events
		Evaluate historical effects
		Adjust for known changes
		Consider different scenarios

Which of the following is not part of the planning process?

		Determine goals and objectives
		Decide actions and strategies
		Consider different scenarios
		Develop an action plan

Which of the following is not true about the multiplier effect?

		It can be manipulated by creators of economic impact studies.
		It assumes money related to new spending always stays in the local economy.
		It assumes new spending can lead to new jobs.
		It assumes tourists can spend money on hotels, restaurants, retail, and concessions.