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Fifth Assignment Consider the impact of each of the following events on the supply and demand of houses. For each case indicate whether the supply

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Fifth Assignment Consider the impact of each of the following events on the supply and demand of houses. For each case indicate whether the supply curve changes, demand curve, neither of both. 1. Decrease in the price of bricks. 2. Increase in the mortgage rate. 3. Increase in the number of contractors/ builders. 4. Decrease in income from a recession

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