Author Question: Applying neoclassical theory to the housing market, ________ cause a decrease in the user cost of ... (Read 46 times)

sdfghj · **on:** Jun 30, 2018

Applying neoclassical theory to the housing market, ________ cause a decrease in the user cost of housing.

A) higher expected household incomes
B) higher rates of household formation
C) increases in the expected relative price of housing
D) tighter constraints on mortgage financing

Question 2

Which of the following is an exogenous variable in the model of a small open economy, but an endogenous variable in the model of a large open economy?

A)
B) C
C) Y
D) NX
E) G