InterviewSolution
Saved Bookmarks
| 1. |
During 2002 – 2005, there were significant increases in the construction of new housing stock in the US. During the same time period, we also observed significant rises in the demand for homes. We know that during that time period both the price and the level of homes traded increased. Based on that information what most likely happened in the market? |
|
Answer» During 2002 – 2005, there were significant increases in the construction of new housing stock in the US. During the same time period, we also observed significant rises in the demand for homes. We know that during that time period both the price and the level of homes traded increased. Based on that information what most likely happened in the market? |
|