An increase in the desired stock of housing would be caused by ________
A) an increase in household formation
B) higher residential consumption
C) a decrease in expected future income
D) an increase in home prices
A
You might also like to view...
Why do restrictions on capital inflows receive more support from some economists than restrictions of capital outflows?
What will be an ideal response?
What best describes the changes in steel production from 1860-1910?
a. The Bessemer process replaced earlier methods of production and became the dominant method of producing steel by 1910. b. The Bessemer process replaced older methods of production and was later displaced by the open-hearth process. c. The open-hearth process, the first method of producing steel, was replaced by the Bessemer process. d. The Grandy process replaced both the open-hearth process and older technologies.