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Other Fields Homework Help Economics Topic started by: insherro on Jan 23, 2017



Title: Assume there is a simultaneous increase in home foreclosures and a decrease in consumer incomes. ...
Post by: insherro on Jan 23, 2017
Assume there is a simultaneous increase in home foreclosures and a decrease in consumer incomes. Based on this information we can conclude, with certainty, that in the market for used single-family homes equilibrium:
A) price will increase.
B) price will decrease.
C) quantity will increase.
D) quantity will decrease.


Title: Re: Assume there is a simultaneous increase in home foreclosures and a decrease in consumer incomes. ...
Post by: toogoo on Jan 23, 2017
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