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When constructing a basic macroeconomic model, several assumptions (not realistic, but necessary to simplify the analysis) are made.Which of the following are assumed to be constant?
Rights to the Sky
Legal rights related to the use and control of the airspace above a piece of land, often impacting construction and property law.
Trespass
An unauthorized intrusion or infringement on another person's property or rights.
Periodic Tenancy
Automatically renewing tenancy with no specific termination date.
Term Lease
A lease agreement that is set for a specified duration of time, after which it may be renewed or terminated.
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