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In the mid-2000s, U.S. housing prices experienced a bubble. What does a bubble in housing prices refer to?

simmiie259

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In the mid-2000s, U.S. housing prices experienced a bubble. What does a bubble in housing prices refer to?

In the mid-2000s, U.S. housing prices experienced a bubble. What does a bubble in housing prices refer to?

▸ High asset prices that do not reflect the true long-run value of the asset

▸ Falling asset prices trending toward the true long-run value of the asset

▸ Rising asset prices trending toward the true long-run value of the asset

▸ Low asset prices that do not reflect the true long-run value of the asset

Textbook

Macroeconomics

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 48 times

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elbrundo

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simmiie259 Author

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You make an excellent tutor!

2ne1_12345

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Smart ... Thanks!

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Thanks

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