Higher Home Values Can Increase Output in the Economy If

question 78

Multiple Choice

Higher home values can increase output in the economy if:

• A) people take some of the equity out of their homes and spend it on a vacation.
• B) people sell their existing home and build a new one.
• C) people finance their child's college education by securing a second mortgage on their now higher-valued home.
• D) all of the answers given are correct.

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Definitions:

Clozapine

An atypical antipsychotic medication used primarily to treat resistant schizophrenia or reduce the risk of suicidal behavior in schizophrenia patients.

Schizophrenia

is a serious mental disorder characterized by disturbances in thought, perception, emotion, and behavior, leading to a disconnection from reality.

Acetylcholine

A neurotransmitter involved in various functions including muscle activation, memory, and learning.

GABA

Gamma-aminobutyric acid, a neurotransmitter in the brain that inhibits nerve transmission, contributing to motor control, vision, and many other cortical functions.