Question
The location quotient of the real estate industry in City A is 1.2. We know the local share of employment in the real estate industry
The location quotient of the real estate industry in City A is 1.2. We know the local share of employment in the real estate industry is 12% in City A. Which of the following statement is TRUE?
Group of answer choices
a. The employment in the real lestate industry is 20% fewer in City A than nationwide
b. The national share of employment in the real estate industry is 10%
c.The employment in the real lestate industry is 20% more in City A than nationwide
d.The national share of employment in the real estate industry is 14.4%
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Valuation Workbook Step By Step Exercises And Tests To Help You Master Valuation
Authors: McKinsey & Company Inc.
7th Edition
1119611814, 978-1119611813
