Q1. Real estate is property, which can be either a tangible or an intangible asset. Which of the following would be considered an intangible asset? a. Land b. building c. mortgage d. fence

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter1A: Appendix: Working With Graphs
Section: Chapter Questions
Problem 1E
icon
Related questions
Question

Answer all questions 

Part II: Multiple Choice Questions
Q1. Real estate is property, which can be either a tangible or an
intangible asset. Which of the following would be considered an
intangible asset?
a. Land b. building c. mortgage d. fence
Q2. The demand for real estate derives from the need that
market participants (e.g., owner occupants, tenants, renters) have
for shelter and convenient access to other locations. This
competition for physical location and space occurs in the:
a. Space or user market
b. Capital market C.
Government Sector
d. Property Market
Q3. The required rate of return that an individual demand on a
real estate investment is determined in the:
a. User or space market b. capital market
government
C.
d. local market e. None of the above
Q4. Considered a fundamental pricing metric in commercial real
estate markets, the ratio of a property's annual net income to its
market value is more commonly referred to as a (n):
a. Appreciation rate
b. Capitalization rate
Discount rate d. Internal rate of return
Q5. Real estate markets differ from other asset classes by
having all of the following characteristics except:
a. Local market
b. high transaction cost C.
segmented market d. Homogeneous product
Q6. Elements of traditional zoning include all except:
a. Performance standards
c. bulk limits
of special use districts
d. land use categories
b. setback requirement's
e. provision
C.
Q7. Externalities in land use include all except:
a. Leap-frog development
b. increase storm run-off
c. traffic congestion d. inability to
judge the quality of a structure, once built
from paving
Q8. After a structure is built, it is impractical for even a building
expert to fully assess the quality of the construction and the
safety hazards it may harbor. This is an example of which of the
following problems that plagues private real estate markets?
Externalities b. Incomplete information c.
a.
Location monopoly d. Holdout
Transcribed Image Text:Part II: Multiple Choice Questions Q1. Real estate is property, which can be either a tangible or an intangible asset. Which of the following would be considered an intangible asset? a. Land b. building c. mortgage d. fence Q2. The demand for real estate derives from the need that market participants (e.g., owner occupants, tenants, renters) have for shelter and convenient access to other locations. This competition for physical location and space occurs in the: a. Space or user market b. Capital market C. Government Sector d. Property Market Q3. The required rate of return that an individual demand on a real estate investment is determined in the: a. User or space market b. capital market government C. d. local market e. None of the above Q4. Considered a fundamental pricing metric in commercial real estate markets, the ratio of a property's annual net income to its market value is more commonly referred to as a (n): a. Appreciation rate b. Capitalization rate Discount rate d. Internal rate of return Q5. Real estate markets differ from other asset classes by having all of the following characteristics except: a. Local market b. high transaction cost C. segmented market d. Homogeneous product Q6. Elements of traditional zoning include all except: a. Performance standards c. bulk limits of special use districts d. land use categories b. setback requirement's e. provision C. Q7. Externalities in land use include all except: a. Leap-frog development b. increase storm run-off c. traffic congestion d. inability to judge the quality of a structure, once built from paving Q8. After a structure is built, it is impractical for even a building expert to fully assess the quality of the construction and the safety hazards it may harbor. This is an example of which of the following problems that plagues private real estate markets? Externalities b. Incomplete information c. a. Location monopoly d. Holdout
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Value Added Method
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Economics:
Economics:
Economics
ISBN:
9781285859460
Author:
BOYES, William
Publisher:
Cengage Learning
Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co
Microeconomics: Private and Public Choice (MindTa…
Microeconomics: Private and Public Choice (MindTa…
Economics
ISBN:
9781305506893
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Economics: Private and Public Choice (MindTap Cou…
Economics: Private and Public Choice (MindTap Cou…
Economics
ISBN:
9781305506725
Author:
James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:
Cengage Learning
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Principles of Microeconomics (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
Economics
ISBN:
9781305971493
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning