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If House Purchases and Renting an Apartment Are Substitutes, Then

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True/False

If house purchases and renting an apartment are substitutes, then an increase in the price of a new house results in a rise in the rent charged for apartments.


Definitions:

Nuclear

Pertaining to the nucleus of an atom or to energy produced by nuclear reactions, as well as relating to the core or central part of something.

Extended

Something that is made longer, further reaching, or more comprehensive than originally.

Polygynous

A mating system where a male has more than one female mate at the same time.

Multi-parent

A family structure involving more than two individuals acting in a parenting role, offering care and support to their children.

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