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AAAE CM MODULE 4- ACTUAL
QUESTIONS WITH ANSWERS
Most Airport Directors/Managers are _________________, meaning that they are
on an employment contract and can usually be let go without cause; they literally
serve at the pleasure of the governing board - correct-answer -appointed
An airport executive must be aware that he or she works for the_____________
and not the individual - correct-answer -position
_____________ is scheduled air transportation of a quality and need greater than
basic service - correct-answer -enhanced EAS
the geographic reach of the airports service area defines the airports ______ area
- correct-answer -catchment area
many air carriers like ___________________ for incentives - correct-answer -
minimum revenue guarantees
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a __________ is a direct payment of airport revenue to a carrier, or any provider
of goods and services to that carrier, in exchange for additional service by the
carrier - correct-answer -subsidy
an _________ is any fee reduction, fee waiver, or use of airport revenue for
acceptable promotional costs where the purpose is to encourage an air carrier to
increase service at the airport - correct-answer -incentive
one way that airport operators may be able to improve community relations is
through an ______________- - correct-answer -economic impact study
The total economic impact of an airport int he community is derived from
calculating the ______, _______, and ____ impacts - correct-answer -direct,
indirect, and induced impacts
___________ impact is the airport-related dollars that are generated directly as a
result of airport employment and the operation of airport businesses - correct-
answer -direct
_________ impact measures the economic activity associated with the dollars
spent int he community by airport patrons - correct-answer -indirect
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direct and indirect benefits comprise the ___________ economic impact of teh
airprot - correct-answer -primary
________ impact impact attempts to measure the multiplying effect of successive
turnover of the dollars spent int eh community - correct-answer -induced
the _______________ is an economic principle that recognizes that every dollar
expended by an airport patron int he community is further recycled or channelling
throughout the community to generate additional income or revenue - correct-
answer -multiplier effect
the _____ model is a popular model for determining the multiplier - correct-
answer -RIMS II
_____________, a software program available through the bureau of economic
analysis, quantify the cumulative effects on total industry output, earnings,
employment, and value added that results from a change in final demand -
correct-answer -RIMS II multiplier
Multipliers vary throughout the country, but typically they are ______ for gross
sale items, ______ for payroll sums, and _____ for employment - correct-answer -
2.0; 1.75; 2.0
AAAE CM MODULE 4- ACTUAL
QUESTIONS WITH ANSWERS
Most Airport Directors/Managers are _________________, meaning that they are
on an employment contract and can usually be let go without cause; they literally
serve at the pleasure of the governing board - correct-answer -appointed
An airport executive must be aware that he or she works for the_____________
and not the individual - correct-answer -position
_____________ is scheduled air transportation of a quality and need greater than
basic service - correct-answer -enhanced EAS
the geographic reach of the airports service area defines the airports ______ area
- correct-answer -catchment area
many air carriers like ___________________ for incentives - correct-answer -
minimum revenue guarantees
,2|Page
a __________ is a direct payment of airport revenue to a carrier, or any provider
of goods and services to that carrier, in exchange for additional service by the
carrier - correct-answer -subsidy
an _________ is any fee reduction, fee waiver, or use of airport revenue for
acceptable promotional costs where the purpose is to encourage an air carrier to
increase service at the airport - correct-answer -incentive
one way that airport operators may be able to improve community relations is
through an ______________- - correct-answer -economic impact study
The total economic impact of an airport int he community is derived from
calculating the ______, _______, and ____ impacts - correct-answer -direct,
indirect, and induced impacts
___________ impact is the airport-related dollars that are generated directly as a
result of airport employment and the operation of airport businesses - correct-
answer -direct
_________ impact measures the economic activity associated with the dollars
spent int he community by airport patrons - correct-answer -indirect
, 3|Page
direct and indirect benefits comprise the ___________ economic impact of teh
airprot - correct-answer -primary
________ impact impact attempts to measure the multiplying effect of successive
turnover of the dollars spent int eh community - correct-answer -induced
the _______________ is an economic principle that recognizes that every dollar
expended by an airport patron int he community is further recycled or channelling
throughout the community to generate additional income or revenue - correct-
answer -multiplier effect
the _____ model is a popular model for determining the multiplier - correct-
answer -RIMS II
_____________, a software program available through the bureau of economic
analysis, quantify the cumulative effects on total industry output, earnings,
employment, and value added that results from a change in final demand -
correct-answer -RIMS II multiplier
Multipliers vary throughout the country, but typically they are ______ for gross
sale items, ______ for payroll sums, and _____ for employment - correct-answer -
2.0; 1.75; 2.0