Housing market bubble - Study guides, Class notes & Summaries
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Economics UNIT 2 Questions and Answers Graded A+
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Economics UNIT 2 Questions and Answers Graded A+ *LESSON 6* *ECONOMICS* 
What is a characteristic of a need? A need is something you cannot live without, such as water. 
Read the sentence. 
When society does not have enough resources to produce all of the things people want, it is known as _[blank]_. 
Which correctly completes the sentence? scarcity 
Characteristics of Microeconomics examines how much is produced and the consumers' willingness to buy deals with the prices of goods and services ...
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Financial Counseling Certification | Questions with 100% Correct Answers | Verified
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what is the definition of debt? 
A. Debt is the amount you save 
B.Debt is the amount you owe 
C.Debt is the amount you can borrow 
D.Debt is the amount you spend1 - B 
What are the housing market conditions that indicate a real estate "bubble"? 
A. Housing Values stagnate as consumer income rises. 
B.Consumer income rises faster than housing values. 
C.Both housing Values and consumer income are stagnant. 
D.Housing values rise faster than consumer income. - D 
How do rising interest rates im...
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Unit 1 RECA questions and answers latest 2023/2024
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Unit 1 RECA questions and answers latest 2023 
Define real estate - correct answer refers to land and fixed improvements to land (permanent) 
 
What are the building classifications - correct answer Residential 
Commercial 
Retail 
Institutional 
Agricultural 
 
Real Estate Sectors/Property Types - correct answer Residential 
commercial rural 
property management 
 
characteristics that identifies real estate as limited resource - correct answer scarce 
 
characteristic that defines real e...
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Unit 1 RECA|2023 LATEST UPDATE|GUARANTEED SUCCESS
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Define real estate 
refers to land and fixed improvements to land (permanent) 
 
 
 
What are the building classifications 
Residential 
Commercial 
Retail 
Institutional 
Agricultural 
 
 
 
 
 
 
00:31 
 
01:34 
Real Estate Sectors/Property Types 
Residential 
commercial rural 
property management 
 
 
 
characteristics that identifies real estate as limited resource 
scarce 
 
 
 
characteristic that defines real estate as indestructable 
durable 
 
 
 
real estate as immobile 
fixed 
 
 
 
p...
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Basic Appraisal Principles questions and answers verified 2023
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When are appraisers needed? 
to set asking/offering prices, settle estates, refinance, divorce, taxes, rental rates, valuation, condemnation & foreclosure 
 
 
 
Appraiser 
One who is expected to perform valuation services competently & in a manner that is independent, impartial & objective. 
 
 
 
Attributes of an Appraiser 
competent, independent, impartial, objective, prompt, organized, educated, honest & diligent 
 
 
 
Appraiser must be knowledgeable in... 
history, economics, construction,...
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Financial Counseling Certification Exam 2023
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what is the definition of debt? 
A. Debt is the amount you save 
B.Debt is the amount you owe 
C.Debt is the amount you can borrow 
D.Debt is the amount you spend1 - B 
What are the housing market conditions that indicate a real estate "bubble"? 
A. Housing Values stagnate as consumer income rises. 
B.Consumer income rises faster than housing values. 
C.Both housing Values and consumer income are stagnant. 
D.Housing values rise faster than consumer income. - D 
How do rising interest ra...
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fundamentals of real estate unit 1-6|2023 LATEST UPDATE|GUARANTEED SUCCESS
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Chattels 
moveable items or personal property 
 
 
 
consumer price index 
an economic indicator that measures the change in consumer prices,experienced by canadians 
 
 
 
 
 
 
00:32 
 
01:34 
Industry Member 
someone authorized by RECA to trade in real estate,deal in mortgages or provide real estate appraisal services in accordance with the real estate act. 
 
 
 
industry professional 
someone authorized by RECA to trade in real estate,deal in mortgages or provide real estate appraisal servi...
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Financial Counseling Certification Exam With Verified Solutions Questions And Answers
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Financial Counseling Certification Exam With Verified Solutions Questions And Answers 
What is the definition of debt? 
A. Debt is the amount you save 
B.Debt is the amount you owe 
C.Debt is the amount you can borrow 
D.Debt is the amount you spend1 B 
 
What are the housing market conditions that indicate a real estate "bubble"? 
A. Housing Values stagnate as consumer income rises. 
B.Consumer income rises faster than housing values. 
C.Both housing Values and consumer income are stagnant. 
...
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Study Outline for Econ S10b Midterm Exam Harvard University, Summer School
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Study Outline for Econ S10b Midterm Exam Harvard University, Summer School 
 
Note: The assigned readings are potential sources for exam questions. I will NOT ask narrow factual questions about these readings, but you should be able to relate their main arguments to the material we have discussed in class. 
 
Note: The following outline does NOT cover everything we have studied in the class. All concepts and applications that we have discussed in class are possible exam topics. 
Good items to st...
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urban planning + development (lecture & notes)
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1.	where do cities come from	hunter gather cultures -the invention of agriculture =sedentary, need for fixed address 2.	from settlements	-surplus production = ability to store 	to cities	-trade w/ communities of surplus production 		-specialization created after non farming specialization 		occurred bc of surplus 		-distribution of property & by-ways 		-opportunities for way of life, occupation, wealth accumu- 		lation 		=storage possible= threat of theft= need for domestic 		scurity 		= rise of...
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