Equity investors in real estate expect to receive a return on their investment through the collection of ________ and through ____________________.
Fill in the blank(s) with the appropriate word(s).
Answer: rent, price appreciation
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If a nation's imports exceed its exports: a. net exports will be positive
b. GDP will be less than the sum of consumption, investment, and government purchases. c. GDP will be greater than the sum of consumption, investment, and government purchases. d. none of the above apply.
The total producer surplus enjoyed by all sellers in a market
a. exceeds the market price b. is measured by the area below the market supply curve c. is called market producer surplus d. is the area below the market demand curve minus the area below the market supply curve e. is the area below the market supply curve minus the area below the market price
Which markets are represented in the simple circular-flow diagram?
a. markets for goods and services and markets for financial assets b. markets for factors of production and markets for financial assets c. markets for goods and services and markets for factors of production d. markets for goods and services and markets for imports and exports
The difference between an L3C (low profit limited liability company) and other types of businesses is that:
A. L3Cs are chartered by the government and all profits are retained by the government. B. L3Cs explicitly take on a social mission as well as profit-seeking. C. L3Cs cannot accept government funding of any kind. D. L3Cs do not pursue profit, but instead seek social goals.