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24 April, 00:31

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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Answers (1)
  1. 24 April, 01:42
    0
    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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