Which of the Following Is Likely to Occur If the Demand

question 15

Multiple Choice

Which of the following is likely to occur if the demand for housing increases?

• A)The price of lumber used to build a house will fall.
• B)The interest rate on mortgages needed to purchase a house will rise.
• C)The demand for schools will rise.
• D)The wages of carpenters who build houses will fall.

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Definitions:

Circadian Cycle

A natural, internal process that regulates the sleep-wake cycle and repeats roughly every 24 hours.

Hypothalamus

A small region of the brain located below the thalamus that plays a crucial role in many essential functions, including hormone regulation, temperature control, and hunger.

Altered State

A condition of consciousness that is significantly different from one's normal waking state, often induced by substances, meditation, or hypnosis.

Consciousness

The quality or state of awareness, being aware of an external object or something within oneself, encompassing thoughts, feelings, and the environment.