A process employing an independent agent to manage the closing of a real estate transaction through the exchange of documents and money between two parties is referred to as:
a. a title search.
b. escrow.
c. underwriting.
d. pre-approval.
Answer: b. escrow.
Business
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The _____ is calculated as the total land area, in hectares, required to maintain worldwide human consumption of food, wood, fiber, energy, and water.
Fill in the blank(s) with the appropriate word(s).
Business
Which of the following describes the worth of all goods and services produced in a foreign country valued at prices prevailing in the United States?
A) real gross domestic product B) purchasing power parity exchange rates C) wholesale exchange rates D) nominal gross domestic product
Business