Some years ago, legislators in a state claimed that speculation on land was driving prices to too
Question:
Some years ago, legislators in a state claimed that speculation on land was driving prices to too high a level. They proposed to pass a law that would require the buyer of any piece of land in the state to hold the land for at least three years before he or she could resell it.
a. Analyze this proposal in terms of perfect markets and possible frictions that have been described in this chapter.
b. If that proposal had passed, do you think land prices would have risen or fallen?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
a From the perspective of perfect markets such a law would introduce a significant friction into the real estate market Perfect markets operate under ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Foundations Of Financial Markets And Institutions
ISBN: 9780136135319
4th Edition
Authors: Frank J Fabozzi, Franco G Modigliani, Frank J Jones
Question Posted:
Students also viewed these Business questions
-
Please help with the discusin questions ! I give thumbs up Case #1: Hailing a New Era: Haier in Japan As one of the most valuable brands in China, Haier designs,manufactures, and sells various home...
-
(i) Write down the linear program relaxation for the vertex cover problem and solve the linear program. [6 marks] (ii) Based on the solution of the linear program in (b)(i), derive an integer...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
CFR is a manufacturer of Industrial machines. During 2020, CFR launched a new machine with model name Omega. Each unit of Omega is being sold for Rs. 10 million payable upon delivery. Revenue from...
-
The following data relate to the operation of Kramer Co.'s pension plan in 2020. The pension worksheet for 2019 is provided in P20.10. Service cost.......................................$59,000...
-
What are the two potential problems with the static-chain method?
-
The assembly consists of two 2014-T6 aluminum rods CD and EF of diameter 20 mm, an A992 steel rod AB of diameter 30 mm, and a rigid G. If the supports at A, D, and F are rigid, determine the average...
-
Esquire Comic Book Company had income before tax of $1,000,000 in 2011 before considering the following material items: 1. Esquire sold one of its operating divisions, which qualified as a separate...
-
Cash Cow International paid a regular dividend of $0.75 a share. a. Connect each of he following dates to the correct term: i. May 7-Record Date ii. June 6 Payment Date iii. June 7-Ex Dividend Date...
-
What is meant by the statement that "dealers offer both immediacy and price continuity to investors"?
-
The residential real estate market boasts many brokers but very few dealers. What explains this situation?
-
With a classmate, choose a good or service you think could benefit from guerrilla marketing. Imagine you have a limited promotional budget, and come up with a plan for a guerrilla approach. Outline...
-
Solve the currents flowing through the resistors. Give the answers to one decimal place. R = 159, R = 10, R3 = 309, E = 60V and J = 3A I A 12 13 A A
-
What are the functions of contracts, and what distinguishes contracts from gratuitous promises (gifts)? Can you think of any situations where a gratuitous promise should be enforced by a court?...
-
1. Identify the arguments used by each party in the Jacobson v. Massachusetts case. 2. Create an OUTLINE of each party's arguments in the Jacobson v. Massachusetts case. 3. Use each party's arguments...
-
Preissle Company wants to sell some 20-year, annual interest, $1,000 par value bonds. Its stock sells for $45 per share, and each bond would have 75 warrants attached to it, each exercisable into one...
-
Risky Holdings Company (RHC) has $48M in debt and a debt to total assets ratio of 40%. RHC would like to issue equity and use the proceeds to pay down its debt to reduce its debt to total assets...
-
CASH RECEIVED FOR INTEREST Eary Company's income statement for 20-2 reported interest revenue of $430. The comparative balance sheet as of December 31, 20-2 and 20-1, reported the following: Compute...
-
Floyd Distributors, Inc., provides a variety of auto parts to small local garages. Floyd purchases parts from manufacturers according to the EOQ model and then ships the parts from a regional...
-
Bill Cavitt owns a data processing company. He plans to buy an additional computer for $20,000, use the computer for 3 years, and sell it for $10,000. He expects that use of the computer will produce...
-
Refer to Problem 12-33. To help pay for the pickup truck the Ogi Corp. obtained a $10,000 loan from the truck dealer, payable in four end-of-year payments of $2500 plus 10% interest on the loan...
-
The management of a private hospital is considering the installation of an automatic telephone switchboard, which would replace a manual switchboard and eliminate the attendant operator's position....
-
Is it now clear how a situation like the financial collapse in 2008 can lead to a horrible budget cycle that is hard to recover from?
-
The owner of a package delivery business is currently evaluating the choice between two different cost structures, based on how the delivery personnel are paid. One option (hereafter, "Alternative...
-
The line plot below shows the size (in inches) of several different frog species. XXX XXXX 2 XX 3 What is the difference in size between the shortest species and longest species of frog? The line...
Study smarter with the SolutionInn App