In Which States Are Licensing Examinations Required for a Real

question 80

Multiple Choice

In which states are licensing examinations required for a real estate license?

• A) Only the western states
• B) All but the New England states
• C) All but Texas, Hawaii and Alaska
• D) Every state

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Definitions:

Related Resource

Assets or inputs that are connected or utilized together in the production process of goods or services.

Labor Demand

The total amount of workers that employers in the economy want to hire at any given wage rate.

Price Change

A shift in the cost at which goods or services are sold, either increasing or decreasing in amount.

Price Elastic

The degree to which the quantity demanded of a product changes in response to a change in its price.