Which of the Following Statements Regarding the Phillies Special Promotions

question 90

Multiple Choice

Which of the following statements regarding the Phillies special promotions nights is most accurate?

• A) Although they foster good will in the community, there is little change in attendance.
• B) Regular and diehard fans tend to stay away because they are too distracted by children who are only there for the "free gifts" (bats, balls, bobble head dolls, etc.).
• C) Attendance remains steady but people tend to spend more money during special event days because there is a greater sense of fun and excitement.
• D) Game attendance can increase by 30 to 35 percent during special event days.
• E) Game attendance increases by 25 percent with the bump in attendance usually lasting throughout the entire month.

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Definitions:

Government Budget Deficit

The financial situation that occurs when a government's expenditures exceed its revenues, leading to a shortfall that must be financed through borrowing.

Loanable Funds

The total amount of funds available for borrowing in the financial markets, determined by the saving behavior and the monetary policy.

Government Budget Deficit

An indication of financial health in which government spending exceeds revenue over a particular period, often leading to borrowing.

Loanable Funds

Funds available for borrowing, which come from savings deposited in banks or from other sources of capital.