Question
40.) The demand for recreational real estate is increased by all of the following, except an: Group of answer choices a) upswing in the business
40.) The demand for recreational real estate is increased by all of the following, except an:
Group of answer choices
a) upswing in the business cycle
b) increase in the cost of building
c) improved transportation access
d) increase in discretionary income
41.) The value of timber and other resource land is tied to the demand for the resource itself. The market price of the resource is determined primarily by:
Group of answer choices
a) supply and demand forces in the national and international market
b) supply and demand forces in the local market
c) government decree
d) the health of the local economy
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