Author Question: Housing prices peaked in: a. 1997. b. 2000. c. 2003. d. 2006.[br][br][b][color=black]Question ... (Read 61 times)

nummyann · **on:** Jun 30, 2018

Housing prices peaked in:
a. 1997.
b. 2000.
c. 2003.
d. 2006.

Question 2

In a market where the price is restricted by price floors or price ceilings,
a. all sellers will be able to sell everything they produce.
b. surpluses and shortages will exist.
c. all buyers will get what they want.
d. disequilibrium will automatically correct itself.
e. surpluses and shortages will put pressure on the price to move to its equilibrium.