Economy of the Olympics
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This three-page paper discusses the macroeconomic point of view in relations to the current Winter Olympics being held in Salt Lake City, Utah. The writer of this paper outlines the ways this point of view affects employment, government spending and other aspects of the area.
From the Paper:"The Winter Olympics 2002, held in Salt Lake City, Utah are an excellent study in the macroeconomics point of view. Because of the temporary existence of the events, the point of view can easily be illustrated and then dismantled to show the after effects when the Olympics leave town. Macroeconomics is the study of economics regarding entire systems. Instead of just involving one aspect of an area's economic impact and function, it takes into consideration the entire package, including work economy, government spending and other things. For this purpose, the Winter Olympics is a prime specimen for study because of its very nature and impact wherever it is held. "
Cite this Essay:
Economy of the Olympics (2003, February 10) Retrieved December 06, 2021, from https://www.academon.com/essay/economy-of-the-olympics-5865/
"Economy of the Olympics" 10 February 2003. Web. 06 December. 2021. <https://www.academon.com/essay/economy-of-the-olympics-5865/>