List and briefly describe at least four major expenses incurred  by a professional sports team. For two of those expenses, give a specific example of how you would attempt to decrease the expense without making it impossible for the organization to earn revenue.

Explain the concepts of salary cap systems and luxury tax systems in professional sport organizations. What are the salary cap and luxury tax systems intended to accomplish? Why would players agree to these systems? Why would owners agree to these systems? What is the Larry Bird exception in the NBA’s salary structure, and why was it put in place?

Robbery, burglary, drug dealing, prostitution, pimping, gambling, and other activities that are woven into the texture of life in urban setting are a part of the __________.

Overall, the life expectancy of Americans has __________.

List and briefly describe at least four major expenses incurred  by a private fitness center (e.g., Planet Fitness). For two of those expenses, give a specific example of how you would attempt to decrease the expense without making it impossible for the organization to earn revenue.

Which of the following was once deemed criminal in China but is not anymore?

Today there are __________ megacities.

List and briefly describe at least three major sources of revenue for a high school athletic department. For two of those revenue sources, give a specific example of how you would attempt to increase the revenue from that source. 

The exchange rate is the value of one nation’s currency in terms of another nation’s currency

Seasonal unemployment is due to the time required to match workers with jobs.