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After graduation you get a job and move to NYC. You and your roommates can rent an apartment for $5,000 in 2019 dollars. Housing costs

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After graduation you get a job and move to NYC. You and your roommates can rent an apartment for $5,000 in 2019 dollars. Housing costs in NYC generally increase by 3% per year, which matches the general rate of inflation. What would you expect to happen with housing costs assuming you and your roommates continue to rent? O Constant dollars and then-current dollars would increase O Constant dollars would increase and then-current dollars would not change O Constant dollars would not change and then-current dollars would increase O Constant dollars and then-current dollars would not change Save for Later Attempts: 0 of 2 used Submit

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