The demand for access between land uses is considered the “gravity” that holds a city together. These relationships between land uses are commonly referred to as:

Historically, the most compelling location for a city to arise has been at the intersection of modes of:

A city’s economic base can be viewed in terms of a multiplier process, in which the money that is brought in through export activities is then recirculated within the city. Which of the following economic activities is the least likely to be considered a high-recirculation or high- multiplier economic base activity?

The magnitude of an economic base multiplier depends upon the amount of money that “leaks” out through expenditures outside of the city limits. The economic multiplier tends to be higher with each of the following EXCEPT:

In supporting their local economic base, cities may at times incur expenses from doing business with entities located outside of their local community (e.g., in cities with high tourist activity, souvenirs are likely to come from low-wage countries). These expenses are an example of _____________ from the local economy.

Activities in a city that serve local businesses and households will recirculate the income derived through a city’s economic base. These types of activities are more commonly referred to as:

In contrast to base activities, local economic activities (or secondary activities) serve the local business and households that are recirculating the income derived through the city’s economic base. In other words, we can distinguish local economic activities from export activities by thinking about whether or not the activity brings money into the city from outside sources. Which of the following activities is least likely to be an example of land use for local economic activity?

Because a city’s output capacities change slowly over time, it is important to understand the supply side (long-run) factors affecting urban growth. Which of the following would NOT be considered a supply-side factor that impacts a city’s economic growth?

Sophisticated firms recognize that their “cost of doing business” can depend on the support of local governments in assuring roads, utilities, reasonable taxation, and compatible land use controls are in place. Based on your understanding of the factors influencing the growth of a city, the previous statement best aligns with which of the following supply-side factors?

Cities such as New York are able to host a variety of complex industries because of the development of specialized resources that support their growth. When specialized resources emerge in response to demand from multiple industries, this is referred to as:

The growth of the motion picture industry in Los Angeles, the petrochemical industry in Houston, the software industry in “Silicon Valley,” are all examples of how the growth of an industry within a city can create cost advantages for future growth. Economists refer to this phenomenon as:

According to the bid-rent model, which of the following changes in the model’s underlying assumptions would most likely result in a decrease in rents for properties closest to the central business district (CBD)?

According to the bid-rent model, which of the following statements best describes how the frequency of trips would theoretically impact the slope of the bid-rent curve?

According to the bid-rent model, which of the following statements best describes how higher hourly wage would theoretically impact the slope of the bid-rent curve?

According to the bid-rent model, which of the following individuals would be the one most likely to live closest to the central business district (CBD)? (Hint: Assume that work locations are located adjacent to each other at the center of the CBD.)

Within the framework of the bid-rent model, as rents increase with proximity to the central business district (CBD), the tendency is for development to:

Of the following land uses, which would be closest to the downtown area of the central business district (CBD) according to the concentric ring model of urban form?

Which of the following pioneers of urban design is responsible for the development of the concentric ring model of urban form?

Which of the following models of urban form is characterized by radial corridors or wedges representing the pattern of residential land use in relation to the location of the central business district (CBD)?

The concentric ring model was based on the design of a city (Chicago) in which _____________ were the dominant form of transportation at the time.

Which of the following models of urban form is characterized by smaller central business districts (CBDs) located on the outskirt of the city?

The location of competitors within a particular land use area may be influenced by whether the types of services and products are convenience activities or comparison activities. Which of the following is an example of a comparison activity?

Services and products that users seek to obtain from the closest available source are more commonly referred to as:

Based on your understanding of the differences between convenience and comparison activities, which of the following property subtypes is designed to provide mostly comparison goods and services to its customers?

Providers of convenience activities find it profit-maximizing to disperse over the region of potential customers to the point where each establishment is equidistant from another and is separated by the minimum distance that allows sufficient customers to support each establishment. The resulting pattern of establishment locations is referred to as:

Most research oriented universities have many different colleges, each with separate administrations, students, curricula, and facilities. However, the university continues to exist as a total unit because of:

A fishing company was formed in Juneau, Alaska. Over the next decade, a canning plant, a processing plant, and a boat repair facility also opened in Juneau. This is an example of:

Six suburban office buildings have been constructed along six consecutive blocks in Roseland, New Jersey. This is an example of:

Understanding the revenue generating ability of the core export activities of a local area has important implications on the market value of real estate. When the income that these activities generate is re-spent within the community on other local goods and services, the community is benefiting through a:

An important effect of agglomeration economies on real estate is its impact upon market risk. Based on your understanding of this relation, which of the following statements is TRUE?

Based on your understanding of the effect of agglomeration economies in real estate, you would expect institutional investors to most favor real estate investments in which of the following areas?

According to the bid-rent model, which of the following changes in the model’s underlying assumptions would most likely result in an increase in rents for properties closest to the central business district (CBD)?

According to the bid-rent model, which of the following individuals would be the one least likely to live closest to the central business district (CBD)? (Hint: Assume that work locations are located adjacent to each other at the center of the CBD.)

Within some types of land use, business location may be determined by the type of service or products that are offered to consumers. Based on your understanding of the differences between comparison and convenience activities, which of the following providers would operate in the convenience activity space?

Using the following information, determine the location quotient for this industry: Percentage of employment in financial services industry within the local community: 15% Percentage of employment in financial services industry for the entire U.S.: 4.4%.

An individual works downtown and pays $600 per month in rent for an apartment located 10 miles from her office. She has calculated that she spends 30 minutes per day driving each way to the office and it costs her $4 per day in gas and lost productivity. Using the framework of the bid-rent model, how much would she be willing to pay for an apartment downtown, assuming a 20-workday month?

Using the following information, determine the location quotient for Motor City. Employment in Motor Vehicle Manufacturing within Motor City: 12,643
Total Employment in Motor City: 560,379
Employment in Motor Vehicle Manufacturing (nationally): 152,750

Total Employment (nationally): 106,201,232

A new faculty member at the local university pays $1,500 per month to rent an apartment in the downtown area. She teaches on campus 3 days a week and works from home the remaining 2 days. On the days in which she must commute, given the heavy traffic congestion, it takes her 2 hours to commute from downtown to campus. According to the assumptions of the bid-rent model, what should this professor be willing to pay in rent per month to live near campus if her hourly wage rate is $25? (In your calculations, assume there are 4 weeks in a given month.)

Based on the following information, determine the location quotient for Amusement City and whether this city has a competitive advantage in the amusement industry:
Employment in Amusements and Recreation in Amusement City: 54,446
Total Employment in Amusement City: 578,477

Employment in Amusements and Recreation (nationally): 1,381,377 Total Employment (nationally): 106,201,232.

Using the following information, determine the location quotient for Springfield: Employment in Aerospace Products within Springfield: 30,044
Total Employment in Springfield: 208,054
Employment in Aerospace Products (nationally): 474,905

Total Employment (nationally): 106,201,232

A recent college graduate has obtained employment at a major financial institution in a big city. Since she just graduated, she has decided to continue to rent her college apartment in the suburbs and make the daily commute to the city for work. She currently pays $1,000 per month to rent an apartment in the suburbs. She works at the bank 5 days a week and it takes her 1 hour to commute from her home to her office. According to the assumptions of the bid- rent model, what should this recent grad be willing to pay in rent per month to live in the big city if her hourly wage rate is $20? (In your calculations, assume there are 4 weeks in a given month.)

Based on the following information, determine the location quotient for Music City and whether this city has a competitive advantage in the entertainment industry: Employment in Entertainment in Music City: 3,020
Total Employment in Music City: 656,785

Employment in Entertainment (nationally): 2,160,970 Total Employment (nationally): 106,201,232.