The City of Whispering Falls Is Trying to Boost Its

question 102

Multiple Choice

The city of Whispering Falls is trying to boost its economy by offering large corporations low taxes and economic assistance to locate in an industrial park within the city limits. Such a strategy is referred to as ________.

• A) redlining
• B) establishing an enterprise zone
• C) gentrification
• D) urban renewal

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Definitions:

Legal Protections

Measures and policies designed to safeguard individuals, businesses, and intellectual property rights against infringement or harm.

Expected-Rate-of-Return Curve

A graphical representation showing the expected returns on investment for different levels of risk.

R&D

Research and Development, the activities aimed at innovating, introducing new products or improving existing ones.

Patentable

Describes inventions or processes that are novel, non-obvious, and useful, making them eligible for legal protection through patents.