More optimistic about the future prices of houses

Assignment Help Business Economics
Reference no: EM131159976

Suppose the prospective buyers of houses become more optimistic about the future prices of houses while at the same time existing owners of houses become more pessimistic about the future prices of housing. Explain what you think will happen to the current prices of houses. Drawing a graph may be helpful in answering the question.

Reference no: EM131159976

Questions Cloud

Prepare a small research : Prepare a small research. - The research Topic is: "Color and form preference in young children" .
Would you recommend investing in google : If you were to prepare an environmental analysis, what are the major trends impacting Google's industry? What are the growth prospects for Google's core business? Do you think Google's industry is a competitive market, in the technical sense? Doe..
What is the probability that a randomly selected orange cola : What is the probability that a randomly selected can of Orange Cola contains 11.97 to 11.99 ounces of soda?
Evaluate lenscrafters operations strategy : Evaluate LensCrafters' operations strategy and explain how the organization seeks to gain a competitive advantage in terms of sustainability
More optimistic about the future prices of houses : Suppose the prospective buyers of houses become more optimistic about the future prices of houses while at the same time existing owners of houses become more pessimistic about the future prices of housing. Explain what you think will happen to the c..
Why the spiral cable is better than the straight one : Why the spiral cable is better than the straight one? How can I protect my cable to be work for long while? How can we fix the cables when expose to any breaks or cut?
How has this company handled the ethical implications : Explain how leadership within the organization can instill a culture of ethics within the marketing department as they strive to advertise a product that is not healthy for the customer.
Determine the least possible value of p : Plot the forcePrequired to begin moving the 100-kg crate up the 10° incline starting from rest at vari- ous values ofxfrom zero to 10 m. Determine the least possible value ofPand the corresponding value ofx.
Briefly describe the research methods used by the authors : Discuss the purpose or intent of the journal article - Identify and briefly describe the research methods used by the authors

Reviews

Write a Review

Business Economics Questions & Answers

  What are the characteristics of perfect competition

What are the characteristics of perfect competition? Why do restaurants tend to display characteristics of perfect competition and what are the long-run benefits of running a restaurant, considering its place in the perfect competition?

  Monetary policies instituted during the recession

Why do some economists believe the Fed needs to unwind monetary policies instituted during the recession? What is the risk in doing so?

  Elucidate the impact does the dollar appreciation

Elucidate the impact does the dollar appreciation have on the firm's international competitiveness.

  Line item spending amounts

Illustrate effect, if any, do you think fiscal policy had on the changes to these line item spending amounts.

  Assume that the demand for a product

Assume that the demand for a product X is heavily influenced by the price of another product Y (Py), and the income of consumers (I). The cross-price elasticity of X with respect to Y is exy = 1.25, and the income elasticity is eI = 2. Suppose now Py..

  Economy was in precarious position

In retrospect, it is clear that the U.S. economy was in a precarious position in 2006. Trillions of dollars had been borrowed to buy housing on the expectation that home prices would keep on rising. In 2006 the house prices fell; what happened in rel..

  Economies grown so quickly over the last three decades

Different economies grow at different rates. Three countries that have done very well over the last three decades are China, India, and Ireland. Both China and India are huge while Ireland is relatively small. Why have these economies grown so quickl..

  Which they diverted from-expanded upon-rejected

Indicate two ways in which the framers of the United States Constitution were directly influenced by the thought of John Locke. Indicate one way in which they diverted from, expanded upon, rejected, or otherwise revised Locke's thinking.

  Global business strategies

Select a region and choose a trading bloc (NAFTA, EU, ASEAN, etc.) within that region. In a single paper write two 350- to 500-word articles, one article in favor of regional integration and another article against regional integration. Describe the ..

  Explain how that differs from a womens movement

The women’s movement of the 1960s was part of a long effort by women fighting for equality since the late 1700s and continuing through today. The women’s movement is now more correctly envisioned as a gender movement Describe what a gender movement i..

  Economic changes are consistent with cost-push inflation

Which of the following economic changes are consistent with cost-push inflation? Check all that apply. Which of the following are consequences of hyperinflation? Check all that apply.

  Economically efficient to contract-out

Economically, when is it best for a firm to outsource or contract-out some part of its production?  Provide an example of a business task or operation that it would make sense to outsource. Provide an example of a government task that it would be eco..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd