sonnyqb2226 sonnyqb2226

01-09-2018
Business

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Suppose that in a wave of pessimism, housing prices fall by 10% across the entire economy.
a. has the stock of real assets of the economy changed?

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hancesoome hancesoome

10-09-2018

The correct answer is No.

No because the real estate in existence has not changed, only the perception of its value has.

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