While Some Have Strongly Criticized States for Spending Too Much

question 53

True/False

While some have strongly criticized states for spending too much money and making too many concessions to attract industry, most jurisdictions support strong incentives as necessary to grow jobs because they cannot afford not to do so.

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Definitions:

Geometric Average Return

is a method of calculating the average rate of return on an investment that accounts for the effects of compounding, typically lower than the arithmetic average return.

Arithmetic Average Return

The simple mean of a series of returns generated over a period of time.

Dollar-Weighted Return

A method of calculating an investment's return that accounts for the timing and amount of cash flows into the investment.

Arithmetic Average

The simple mean calculated by adding a set of values and then dividing by the number of values.