What is the term for the financial return airports generate through increased full-time jobs for the community?

Study for the AAAE Certified Member Test. Use flashcards and multiple choice questions, complete with hints and explanations. Get ready for your exam success!

The term that refers to the financial return airports generate through increased full-time jobs for the community is "direct impact." This concept highlights the immediate economic benefits that arise from airport operations, which create job opportunities and result in direct spending in the local economy. When an airport expands or improves its services, new positions are often created both directly at the airport and indirectly through the businesses that support airport functions, such as retail, hospitality, and transportation services.

Understanding this term is crucial in the context of economic impact assessments, which evaluate how improvements and expansions in airport facilities can lead to job growth and increased economic activity in surrounding areas. This and the associated job creation directly reflect the airport's role within the economic framework of its community.

The other concepts, while relevant in broader economic discussions, do not specifically capture the immediate job-related impacts generated by the airport. Indirect impact refers to secondary job creation, typically arising from the spending by employees and companies that interact with the airport. The economic multiplier illustrates how initial spending can cascade through the economy, generating further economic activity. Community threshold pertains to the critical mass needed for sustainable economic development but does not directly relate to the job generation aspect being asked in the question.

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