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Use the Figure Below to Answer the Following Questions

Question 112

Multiple Choice

Use the figure below to answer the following questions. Use the figure below to answer the following questions. Figure 1A.2.4 -Refer to Figure 1A.2.4.If economic theory predicts that higher levels of the rate of interest (x) lead to lower levels of sales of houses (y) ,which graph represents this economic relationship? A) (a) B) (b) C) (c) D) (d) E) (a) or (d) Figure 1A.2.4
-Refer to Figure 1A.2.4.If economic theory predicts that higher levels of the rate of interest (x) lead to lower levels of sales of houses (y) ,which graph represents this economic relationship?


A) (a)
B) (b)
C) (c)
D) (d)
E) (a) or (d)

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