Answer must be 3 paragraphs.
Describe the five core job dimensions in job redesign.
2. A tract of farm land is expected to generate returns of $80 an acre. The nominal market interest rate is 6% and the anticipated rate of inflation is 3%.
(a) Assume you are appraising the value of this property. Determine the land value per acre using the simple capitalization model.
(b) Suppose the returns from this farm land is expected to grow at a real rate of 1%. Determine the land value per acre.
(c) Determine the land value per acre if the returns of the farm land grow at a real rate of negative 1%.