In a scenario of rising economic growth, let's consider a city where businesses are flourishing, leading to increased demand for office space. As a result, vacancy rates in commercial buildings start to decline significantly. Property owners and landlords notice this trend and respond by raising rental rates. Simultaneously, the heightened demand for real estate also causes property values to surge. This situation highlights the direct connection between economic growth, declining vacancy rates, and the subsequent increases in rents and property values in the real estate market. Question 17 options: True False