When Interest Rates Fall, Land Values

question 19

Multiple Choice

When interest rates fall, land values

• A) Increase because the profitability of land is inversely related to interest rates.
• B) Increase because the profitability of land is directly related to interest rates.
• C) Decrease because the profitability of land is inversely related to interest rates.
• D) Decrease because the profitability of land is directly related to interest rates.

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Definitions:

Scope

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Level Of Abstraction

The degree to which information is summarized or generalized; in computer science, this can refer to how far removed a programming concept is from machine language, with higher levels being more human-readable.

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Abstract Level

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