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_________ Data Come from Reading What Others Have Experienced or Observed

question 110

Short Answer

_________ data come from reading what others have experienced or observed and written down and can be collected through books,periodicals,indexes,research databases,and Web resources.


Definitions:

Present Value

The calculated present value of a prospective sum of money or cash flow stream, utilizing a given rate of return.

Land

In economics, land refers to all natural resources used to produce goods and services, including not just real estate but also agricultural land, forests, and mineral resources.

Demand

The amount of a product or service that buyers are ready and capable of buying at different price levels over a specific period.

Rent

A payment made by a tenant at regular intervals in exchange for the use of land, a building, an apartment, an office, or other property.

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