Question
In 197980 the Vancouver real estate market went crazy. People would buy properties, the price would rise, then they would buy more. The demand for
In 1979–80 the Vancouver real estate market went crazy. People would buy properties, the price would rise, then they would buy more. The demand for housing was upward sloping!” What’s a more reasonable explanation that is consistent with the law of demand?
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The rise in price was not that the demand curve was upward sloping a...
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Understanding Basic Statistics
Authors: Charles Henry Brase, Corrinne Pellillo Brase
6th Edition
978-1133525097, 1133525091, 1111827028, 978-1133110316, 1133110312, 978-1111827021
