Answered

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Which of the following would be reported as land improvements?
Multiple Choice
Adding a parking lot
Real estate commissions to the sales agent
Title insurance
Property taxes
D

Sagot :

GinnyAnswer

Final answer:

Land improvements, such as adding a parking lot, contribute to gross private domestic investment.


Explanation:

Land improvements include enhancements made to land to increase its value. Adding a parking lot is an example of a land improvement as it adds functionality and worth to the land. This makes it an essential component of gross private domestic investment.


Learn more about Land improvements here:

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