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In the 1990s,many People Had Rising Incomes

Question 22

Multiple Choice

In the 1990s,many people had rising incomes.At the same time,there was a rise in cost of wood.Holding other factors constant,the demand for houses_________ and the supply for houses_________.


A) Increase,increase
B) Increase,decrease
C) Decrease,increase
D) Decrease,decrease

Correct Answer:

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