What Effect Did Falling Housing Prices in the Late 2000s

question 89

Multiple Choice

What effect did falling housing prices in the late 2000s have on investment in residential construction?

• A) It had no effect; residential construction continued at the same pace it had over the previous decade.
• B) The lower prices attracted more investors, resulting in more residential construction.
• C) The lower prices decreased investment in residential construction.
• D) The lower prices decreased investment in residential construction for about a year, then attracted more investors, resulting in more residential construction.

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