Use the Information Below to Answer the Following Question

question 128

Multiple Choice

Use the information below to answer the following question.
Fact 1.3.1 Costs Soar for London Olympics
The regeneration of East London, the site of the 2012 Olympic Games, is set to add extra £1.5 billion to taxpayers' bill.Source: The Times, London, July 6, 2006
-Refer to Fact 1.3.1.The cost of regenerating East London an opportunity cost of hosting the 2012 Olympic Games .

• A)is; if the property taxes of people living in East London increase
• B)is not; because few people attending the 2012 Olympics will spend much time outside Olympic venues
• C)is not; because regenerating East London is an unnecessary expense
• D)is; if the costs of the East London regeneration is equal to a significant percentage of the total amount spent by London taxpayers to host the 2012 Olympics
• E)is; if the regeneration of East London would not occur unless London hosted the 2012 Olympics

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Definitions:

Humanism

A philosophical and ethical stance that emphasizes the value and agency of human beings, individually and collectively, often emphasizing human dignity and concerns.

Gestalt

A psychological theory that proposes objects are viewed holistically rather than as a collection of individual parts, emphasizing the mind's innate tendency to organize perceptions.

Phenomenon

an observable event or fact, particularly extraordinary or remarkable, that can be scientifically described or explained.

Phi Phenomenon

The optical illusion of perceiving continuous motion between separate objects viewed in rapid succession.