Looking at housing cycles over time (the cycles get smaller with each successive wave) the first wave typically spans
a. 0 to 5 years
b. 5 to 10 years
c. 10 to 15 years
d. 15 to 20 years
e. 25 to 30 years
D
Economics
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Public policies designed to increase labor productivity do not include
a. subsidies for higher education. b. tax breaks for job retraining. c. tax breaks on corporate dividends. d. public education.
Economics
If the supply of a good is relatively elastic, this means that the quantity supplied of the good is
a. not very sensitive to the price of the good. b. highly sensitive to the price of the good. c. unrelated to the price of the good. d. none of the above.
Economics