45 Hour Post License (100% Accurate Answers) / Latest
( 2024/2025) Graded Exam
Base Industry correct answers An industry that produces goods and services for export from the
region.
Service Industry correct answers An industry that produces goods or services to sell to local
residents.
Economic Base correct answers The ability of a region to export goods and services to other
regions.
Demand-Pull Inflation correct answers Higher prices due to buyers bidding against each other.
Real-Cost Inflation correct answers Higher prices due to great effort needed to produce the same
product today.
Cost-Push Inflation correct answers Higher prices due to increased costs of labor and supplies.
Monetary Inflation correct answers Results from increasing the money supply faster than
increases in goods and services to buy.
Federal Reserve Board correct answers Governing board of the nations central bank.
Real correct answers Inflation Adjusted
Monetize the Debt correct answers The creation of money by the Federal Reserves to purchase
Treasury securities.
Advertising correct answers A paid form of non-personal presentation of goods, services, or
ideas to a group by an identified sponsor.
Showing correct answers The act of taking a prospect to and through a property.
Misrepresentation correct answers A representation, through words or conduct, not in accord
with facts.
Regulation Z correct answers The Federal Reserve Board regulation implementing the Truth-in-
Lending Act.
Referral correct answers Prospective customers or clients who have been sent or directed to
someone recommended for a service.
Amenities correct answers Pleasing and agreeable qualities; intangible benefits of property
ownership such as pride of ownership or scenic beauty.
, FSBO correct answers Homes "For Sale By Owner"
Open House correct answers A house being held open to the public attracting prospective
purchasers.
Brokers Open correct answers An open house showing to which only other brokers are invited.
Guest Register correct answers A book to record names of visitors and to invite comment.
Motivation correct answers The act or process of creating incentive causing a person to act to
satisfy a drive, need, or desire.
Curb Appeal correct answers Favorable impression of visitors approaching subject property for
the first time.
Headline or "Hed" correct answers The short phrase found at the beginning or top of a classified
ad, designed to attract the readers attention.
Personal Marketing correct answers Activities which are designed to promote agents and their
business reputations.
Mission Statement correct answers A written message conveying the personal and business
philosophy of agents. It defines their goals as to how they will serve both clients and customers.
Call to Action correct answers Verbiage contained in and advertisement that will prompt some
action on the part of the reader (ex) call now, come by our office, etc.
Target Marketing correct answers A method of isolating the concentration on a segment of the
market. Focusing on either a geographical area with which the agent is more familiar, or a price
range in which they can function more effectively.
Cocooning correct answers The current trend wherein adults are wanting to spend more time at
home and even segue into home based businesses because of the prolonged stress of the
economy and the market place.
Personal Promotion correct answers Image building of ones self; establishing public relations
with customers and/or clients. A face to face approach. A method of building future business.
Boutique Agency correct answers An advertising firm that caters especially to clients who have
somewhat limited budgets, yet wants a product that is specially designed for them.
Personal Advertising correct answers Information distributed by some form of mass media, print,
radio, TV or billboards, which makes the public aware of a specific agent and endeavors to
insure the public will remember the name of the agents and call them when in need of their
services. It is geared toward more instant recognition.
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