The method of determining the value of land by determining what similar properties have sold for in the recent past is called the ________
Fill in the blank(s) with correct word
comparable sales method
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The typical relationship between inflation and unemployment is
A) unemployment changes do not directly lead to changes in inflation, but inflation changes may cause changes in unemployment. B) as unemployment falls, inflation increases. C) as unemployment falls, nothing happens to inflation. D) as unemployment falls, inflation falls.
When people exchange money for financial assets, the _____ rises
a. real GDP b. price level c. unemployment rate d. nominal GDP e. interest rate
Cheese (units) Bread (units) England 40 20 Spain 20 5 The table above shows how much each of two countries can produce in 40 hours. (For example, England can produce 40 units of cheese in 40 hours.) England has an absolute advantage in __________ and the Spain has an absolute advantage in __________.
a. bread, cheese b. both goods, neither good c. cheese, both goods Incorrect. Please review Top Ten Concept # 2. d. both goods, cheese Incorrect. Please review Top Ten Concept # 2. e. neither good, bread
If your research leads you to believe that the present value of a stock's dividend stream and future price is less than its price then you believe the stock is
a. overvalued so you should consider buying it. b. overvalued so you should not consider buying it. c. undervalued so you should consider buying it. d. undervalued so you should not consider buying it.