A Recent Decline in Interest Rates Made Home Construction More

question 118

Multiple Choice

A recent decline in interest rates made home construction more affordable for many families.The consequent increase in construction produced a rightward shift in the demand curves for construction materials.Economists would say that the change in demand for materials is due to

• A)the principle of marginal productivity.
• B)rent seeking.
• C)diminishing marginal returns.
• D)derived demand.

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Definitions:

Sodium Ions

charged atoms of sodium, essential for various physiological processes including muscle function and fluid balance.

Positive Charge

An electrical condition that occurs when an atom loses electrons, resulting in a surplus of protons, giving it a net positive electric charge.

Glial Cells

Non-neuronal cells in the central nervous system that support, nourish, and protect neurons.

Cerebral Spinal Fluid

Clear, colorless body fluid found in the brain and spinal cord that acts as a cushion for the brain's cortex, providing basic mechanical and immunological protection to the brain inside the skull.