Ree 3043 exam 1 questions - Study guides, Class notes & Summaries

REE 3043 Exam 1 Questions With Revised Answers The "gravity" that draws economic activity into clusters is: - answerdemand for access or proximity. The best example of a base economic activity would be a: - answerregional sales office. Which of these are true about agglomeration economies? - answerAll of these answers are correct. (They create a readily available supply of highly specialized goods and labor. They tend to reduce risks in real estate. They occur in larger cities. They res...

Which is NOT a method the federal government uses to influence the real estate market? - Through zoning regulation Real estate markets differ from other asset classes by having all of the following characteristics except: - homogeneous All of the following statements define the role of Real Estate in our economy except: - Real Estate generates only 20% of local government revenue (property tax). Real Estate as a tangible asset includes all of the following except: - A mortgage Approximate...