Answer:
Great Plains
Explanation:
The Great Plains are flat lands or plain land that has no building or farmland on it. They are often covered with grass and are located in the United States and Canada.
This great plain enables wind to blow uncontrollably without hindrances because the environment are free, no houses. This inturn can be of great benefit especially in term of wind energy because wind power holds great promise for the United States because of the GREAT PLAINS and experts believe wind energy could meet as much as 20 percent of the nation’s energy needs. Therefore GREAT PLAIN are often use to conserve energy in the United State due to the environment.
GREAT PLAINS lies in west of the Mississippi River tallgrass prairie in the United States and east of the Rocky Mountains in the U.S. and Canada
George Washington was the first president
A reduction in income taxes on low-income earners
Production and income taxes increases the level of disposable income, and this increases advocate demand. A cutting income taxes an example of expansionary physical policy.
1. Encourage entrepreneurship. People can start their own businesses and eventually employ other people.
2. The government should invest in developing industries. This would create more jobs.
3. Education should be made cheaper. The quality of education should also be increased, so that once young people graduate, they have higher chances of getting employed.
4. The government should partner with private companies to create more job opportunities for people.
Answer:
The ratio of land value to building value is used when estimating site value by the allocation method.
Explanation:
It is used for site and land valuation or appraisal. Allocation method is ideal when comparable are not given or known. When a new home is constructed on land area that has been recently bought or purchased, then Allocation method will be ideal . It is best suitable when given as percentage or proportion of the property’s total value that has been improved.
But when comparable improved sale is used , land or the building portion of the property should be determined first. For a newly built home , cost of improvements divided by the sales price of the home gives the percentage of improvements compared to purchase price of comparable.This method is not ideal for older homes.
To apply this method
- First identity a comparable site or comparable land with vacant home sales as well as vacant lot sales.
- Next, find out value of the land to total property values ratio.
- Then, apply the ratio to the property that is being appraised. This will determine the appropriate value of the land or site.
