If a Tax on Real Estate Results in a Decrease

question 33

Multiple Choice

If a tax on real estate results in a decrease in the supply of housing, the tax will be:

• A)fully capitalized.
• B)only partially capitalized.
• C)not capitalized at all.
• D)borne entirely by renters.

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Definitions:

Environmental Factors

External elements such as social, political, and ecological influences that can affect an individual's development and behavior.

Genetic Factors

Genetic factors involve the hereditary elements inherited from one's parents that influence various traits and likelihood of developing certain diseases or conditions.

Adoption Studies

Research investigations that compare similarities between adopted children and their adoptive and biological parents to understand genetic and environmental influences.

Biological Parents

The parents who contribute their genetic material to the birth of a child, differing from adoptive or step-parents.