The pattern of city growth that follows lines of transportation, such as rails and
highways, is called:
(a) sector
(b) wedge
(c) axial
(d) concentric
A decrease in demand will have what short-run impact on real estate prices and rents?
(a) prices and rents should decrease
(b) prices should decrease, but rents should increase
(c) prices and rents should increase
(d) prices should increase, but rents should decrease
As the taxpayer’s income increases, the tax rate decreases. This is an example of what
type of tax?
(a) regressive
(b) progressive
(c) proportional
(d) ability to pay tax
Physical factors that can influence neighborhood change include all of the below,
EXCEPT:
(a) soil creep
(b) flood
(c) pollution
(d) zoning
A progressive tax:
(a) decreases in rate as the value of the taxable item increases
(b) increases in rate as the value of the taxable item increases
(c) declines in rate over time
(d) remains the same no matter what
Portfolio Income includes:
(a) coupons on bonds
(b) stocks and bonds
(c) interest on savings
(d) all of the above
The demand for older rural homes is:
(a) influenced by nearby communities
(b) impacted by the existence of septic system and private wells
(c) impacted by accessibility
(d) all of the above