Which of the Following Includes Land and Buildings Used by Businesses

question 170

Multiple Choice

Which of the following includes land and buildings used by businesses and other income-producing activities?

• A) Business property.
• B) Residential real estate.
• C) Commercial real estate.
• D) Use assets.

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Definitions:

Import Quotas

Restrictions imposed by a government on the amount or value of goods that can be imported into a country, often used to protect domestic industries.

Tariffs

Taxes imposed by a government on imported goods and services.

Revenue

The sum of revenue resulting from the sales of products or services that are central to a company's main business activities.

Comparative Advantage

Comparative advantage refers to the ability of a country to produce a certain good more efficiently and at a lower opportunity cost than another country.