You notice that when interest rates increases, new residential housing prices tend to decrease. This observation indicates that
A) there must be false causality between interest rates and housing prices.
B) higher interest rates must cause low housing prices.
C) a scatter diagram between interest rates and housing prices will show a negative relationshi
C
Economics
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Productivity measures: a. how efficiently resources are turned into goods and services
b. how efficiently goods and services are consumed by the consumers. c. the level of skills embodied in a unit of labor. d. the ratio of inputs to a specific amount of output. e. the availability of resources in an economy.
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When one currency appreciates, another currency must depreciate
a. True b. False Indicate whether the statement is true or false
Economics