A rise in prices not offset by increases in quality is called:

a. deflation
b. inflation
c. stagflation
d. none of the above

Ans: b. inflation

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An appraisal report has the three major subheadings of (I) Introduction, (II) Description of the area, neighborhood and property, and (III) Analysis, conclusions and opinions of value. This appraisal report is most likely a:

A: Letter form report; B: Narrative report; C: Short form report; D: Judicial report.

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Which of the following statements is FALSE? Affirmative action

A) often benefits minorities B) is required under the Charter of Rights and Freedoms C) is legal under provincial Human Rights Codes D) permits programs to discriminate now to make up for past discrimination against certain groups E) can permit special hiring policies that may give an advantage to femal applicants

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