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Econia Experiences a Period When Home Prices Rise Rapidly, Investors

Question 2

Multiple Choice

Econia experiences a period when home prices rise rapidly, investors note these rising prices and keep buying homes, and therefore prices are pushed even higher. Econia's housing marketing is experiencing:


A) irrational modification.
B) widespread inflation.
C) a transmission mechanism.
D) a bubble.

Correct Answer:

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