2. Explain why you would be more or less willing to buy a house under the following...

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2. Explain why you would be more or less willing to buy a house under the following circumstances:

a. You just inherited $100,000.

b. Real estate commissions fall from 6% of the sales price to 5% of the sales price.

c. You expect Microsoft stock to double in value next year.

d. Prices in the stock market become more volatile.

e. You expect housing prices to fall.

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