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js56154 js56154
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A year ago
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: 3rd
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katiesaylerkatiesayler
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A year ago
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js56154 Author
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Brilliant
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This helped my grade so much Perfect
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