When and how did sports and entertainment marketing first develop? ✓
1No one knows exactly when the industry first got its start.

Ancient Egyptians would advertise for chariot races.

Chinese merchants would patronize popular poets and painters.

X
African communities sent runners to announce inter-tribal competitions.

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)