“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Real Estate QUIZMASTER DefinitionsAnalyticalNumerical MSAs and CMSAs Miscellaneous

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Real Estate QUIZMASTER DefinitionsAnalyticalNumerical MSAs and CMSAs Miscellaneous

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Definitions for 100 The engine that drives the city’s sources of income

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Definitions for 200 The phenomenon that occurs when one firm benefits from the nearby location of another firm without the first firm being able to fully profit from this benefit

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Definitions for 300 Cost or productivity advantages to the clustering of firms or worksites physically near each other

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner DAILY DOUBLE

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Daily Double Definitions for 400 The minimum population needed to support an efficient production process

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Definitions for 500 The proportion of total local employment in a given industry divided by the proportion of total national employment in that same industry

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Analytical for 100 The _____ between centripetal and centrifugal forces will dictate the number and size of cities

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Analytical for 200 If the LQ is very much larger than _____, the implication is that the industry is part of the export sector of the local economic base

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner The _____ the number of digits in the SIC code, the broader the definition of employment sectors or industries Analytical for 300

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner ______ industries will tend to locate near major raw material supplies Analytical for 400

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Analytical for 500 It is only the _____ sector jobs that can create regional growth or decline

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner An MSA must have a population of at least ________ MSAs and CMSAs for 100

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner MSAs and CMSAs for 200 C M S A

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner The MSAs which constitute a CMSA must have a combined population of at least __________ MSAs and CMSAs for 300

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner MSAs and CMSAs for 400 MSAs constitute nearly _______ of the total U.S. land area

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Nearly _____% of all U.S. residents reside in urbanized MSAs (including CMSAs) MSAs and CMSAs for 500

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Numerical for 100 Of 2, 3 or 2000, the population multiplier ratio, if the hiring of 500 workers creates a net population increase of 1500 people

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Numerical for 200 The largest city’s population will be approximately ________________, if a city ranked 4 th has a population of 822,230

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Numerical for 300 Sydney, Los Angeles and Sao Paulo would fall under the _____-order level of cities

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner If total Canadian employment is $10,000,000 and the Canadian maple syrup industry is 10,000, while the total Winnipeg employment is 50,000, then the Winnipeg maple syrup employment needs to be_______, for the LQ for the maple syrup industry in Winnipeg to be 2 Numerical for 400

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Numerical for 500 If the Employment Multiplier is 5, then the ___________ will be 5,000 if the Export Employment Increase is 1,000

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Miscellaneous for 100 The ______ rule asserts that individual cities in a system of cities will tend to sort themselves out into a regular pattern of sizes

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Miscellaneous for 200 August Losch developed the __________ by examining the problem of location on a featureless plain

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Miscellaneous for 300 Losch’s key geometric insight was that hinterlands would assume a _____ shape on a homogeneous plane

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Miscellaneous for 400 C B D

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Miscellaneous for 500 A featureless plain with no transportation and communication costs is considered _________