asked 168k views
3 votes
Suppose the local real estate market is in equilibrium. a recession causes local household incomes to decline. at the same time, construction of a large subdivision of new homes has just been completed. given these two changes, we can predict the price of real estate will ________ and the quantity of real estate bought and sold will ________. select one:

asked
User VRage
by
8.6k points

1 Answer

1 vote
ion know boy go check yourself
answered
User Dave Bish
by
7.4k points
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