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Use the Following Diagram to Answer the Following Questions

question 31

Multiple Choice

Use the following diagram to answer the following questions.
Use the following diagram to answer the following questions.    -Refer to Unit. If the price of housing is currently $80,000 per unit: A)  there will be a tendency for price to rise. B)  there will be a tendency for price to fall. C)  prices will remain constant. D)  markets will clear.
-Refer to Unit. If the price of housing is currently $80,000 per unit:


Definitions:

Prior Experiences

previously encountered events or situations that influence an individual's current thinking, behavior, or learning.

Experimental Research

A systematic and scientific approach to research in which the researcher manipulates one or more variables to determine their effect on another variable.

Sigmund Freud

An Austrian neurologist known for founding psychoanalysis, a clinical method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Unconscious Determinants

Factors that influence behavior and emotions without an individual's conscious awareness.

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