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Related to the Economics in Practice on p. 360: According to the International Monetary Fund, the top debtor nation in 2013 was
Land Owner
An individual or entity that holds the legal title or interest in a parcel of land.
Condominium Development
A real estate project involving the division of a property into individual ownership units along with shared ownership of common areas.
Operating Expenses
Regular costs associated with running a business or an organization, such as salaries, rent, utilities, and equipment maintenance.
Unit Owner
A person or entity that legally owns a single unit within a multi-unit property, such as a condominium or an apartment within a complex.
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