Assume Mortgages and Houses Are Complements in Consumption;if the Price

question 30

Multiple Choice

Assume mortgages and houses are complements in consumption;if the price of mortgages decreases (decreases in interest rates) ,we would expect to see

• A)An increase in demand for houses
• B)An decrease in demand for houses
• C)An increase in the quantity of houses demanded
• D)An decrease in the quantity of houses demanded

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