Since Restored Historic Buildings Convey a Positive Externality,local Governments May

question 96

Multiple Choice

Since restored historic buildings convey a positive externality,local governments may choose to

• A)regulation the demolition of them.
• B)provide tax breaks to owners who restore them.
• C)increase property taxes in historic areas.
• D)Both a and b are correct.

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Definitions:

Skill-Based Pay

A compensation system that sets pay levels based on the skills or knowledge an employee possesses, rather than their job title or position.

Third-Country-Based Pay

A compensation strategy where an employee's pay is based on the standard of living and market rates in a country different from both the home and host countries.

Codetermination

A practice where workers participate in the management of a company through representation on its board or committees.

United States

A country composed of 50 states, a federal district, five major self-governing territories, and various possessions, known for its significant influence on global politics, economy, and culture.