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Use the Following Diagram to Answer the Following Questions

Question 23

Multiple Choice

Use the following diagram to answer the following questions.
Use the following diagram to answer the following questions.    -Refer to Unit. If the price of housing is currently $90,000 per unit: A)  there will be a tendency for price to rise. B)  there will be a tendency for price to fall. C)  prices will remain constant. D)  markets will clear.
-Refer to Unit. If the price of housing is currently $90,000 per unit:


A) there will be a tendency for price to rise.
B) there will be a tendency for price to fall.
C) prices will remain constant.
D) markets will clear.

Correct Answer:

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