17. According to Pierce and Shoup, why might it be so difficult to find a park in an urban area? A. There are not enough car parks B. The price of parking is too high C. The price of parking s too low D. Too much urban growth 18. In the paper by the Reserve Bank of Australia, what is the modelled impact of a uniform urban height restriction on land values? A. Land values fall across the city because development potential is constrained B. Land values rise across the city because regulations are creating scarcity C. Land values fall close to the centre of the city and rise on the periphery D. None of the above

17. According to Pierce and Shoup, why might it be so difficult to find a park in an urban area? A. There are not enough car parks B. The price of parking is too high C. The price of parking s too low D. Too much urban growth 18. In the paper by the Reserve Bank of Australia, what is the modelled impact of a uniform urban height restriction on land values? A. Land values fall across the city because development potential is constrained B. Land values rise across the city because regulations are creating scarcity C. Land values fall close to the centre of the city and rise on the periphery D. None of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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