Article Summary According to a Study by the Center for Neighborhood Technology

question 69

True/False

Article Summary
According to a study by the Center for Neighborhood Technology, homes located within one-half mile of frequently-used public transportation held their value much better during the recent housing market downturn than did those without easy access to public transportation, and the greater home values reflect greater demand for neighborhoods in close proximity to public transportation. In addition to higher home values, the study found that close proximity to public transportation offers lower transportation costs, a wider variety of travel options, and access to more employment opportunities.
Source: Meg Handley, "Study: Proximity to Public Transit Boosts Home Values," U.S. News & World Report, March 22, 2013.
-When there is a negative externality, the competitive output is more than the economically efficient output level.

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Definitions:

Minimal Medium

A growth medium containing only the minimal necessities required for the growth of wild-type organisms, typically used in microbial research.

Uracil

A nitrogenous base found in RNA, replacing thymine found in DNA.

Adenine

A purine nucleobase used in forming nucleotides of the nucleic acids DNA and RNA.

Nitrogenous Rings

Structures found in organic compounds where nitrogen atoms are part of a cyclic arrangement.