When Interest Rates Fall, Land Values

question 19

Multiple Choice

When interest rates fall, land values

• A) Increase because the profitability of land is inversely related to interest rates.
• B) Increase because the profitability of land is directly related to interest rates.
• C) Decrease because the profitability of land is inversely related to interest rates.
• D) Decrease because the profitability of land is directly related to interest rates.

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