which of the following would not shift either the supply or the demand curve in the...
which of the following would not shift either the supply or the demand curve in the market for housing?
A. an increase in the number of people who are retiring.
B. a possibility of higher construction costs
C. an increase in the cost of home insurance
D. increase in real estate prices
Homework Answers
D. increase in real estate prices
Explanation: This will create a movement along the demand curve and the supply curve instead of a shift in the demand curve or supply curve.
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which of the following would not shift either the supply or the
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Which would most likely shift the aggregate supply curve? A change in the prices of _____....
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2. Suppose people who are thinking about buying a home (demanders in the housing market) and current home owners who are thinking about selling their homes (suppliers in the housing market) suddenly believe that home prices are likely to be significantly higher next year than this year. a. Will this change in expectations cause the demand curve for housing this year to shift to the left or shift to the right? Explain. b. Will this change in expectations cause the...
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