Based on the graph showing the run-up of nominal home prices, if a person had wanted to buy a house, hold it for five years, and then sell it for a profit, which of the following years would have been the best to make the purchase in?





a. 1899

b. 1941

c. 1984

d. 2001

d. 2001

Economics

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The multiplier helps explain

A) why a decrease in taxes causes real Gross Domestic Product (GDP) to fall by more than the amount of the decrease in taxes. B) why an increase in disposable income causes real Gross Domestic Product (GDP) to rise by less than the amount of the increase in disposable income. C) why a rise in government expenditures causes real Gross Domestic Product (GDP) to rise by more than the amount of the increase in government spending. D) why a fall in investment cause real Gross Domestic Product (GDP) to rise by more than the amount of the decrease in investment.

Economics

In which year was the Federal Deposit Insurance Corporation (FDIC) established?

A) 1929 B) 1933 C) 1913 D) 1951

Economics