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Suppose that a sports team plans to move into a new soccer stadium in Queens and receives help from the city, which partly funds the

  1. Suppose that a sports team plans to move into a new soccer stadium in Queens and receives help from the city, which partly funds the project with a tax on Airbnb rentals. Evaluate the wisdom of this policy decision using appropriate tools of economic analysis. Do you think an increase in so-called sin taxes on products such as cigarettes and alcohol would be a better alternative?

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