How the strength of the economy as a whole could affect

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Reference no: EM1319455

Q. The difficulties of the economy affect many of the decisions you make as a customer. No more so than when you are buying a house. The health of the economy is a factor you must consider when buying a house. Sometimes the economy favors sellers also at other times if favors buyers. This checkpoint helps you refine a decision to buy a house; it prepares you to Elucidate in your final project Elucidate how the strength of the economy, government spending also taxes affect the marginal costs also benefits of your decision. Consider the role of government bodies to affect the strength of the economy. Assume for thesis checkpoint to purchasing a latest home is a major decision requiring a substantial financial outlay where the wrong decision has long-term financial consequences.
Submit a 250-300n word response addressing the following points:

-Elucidate how the strength of the economy as a whole could affect the marginal benefits also the marginal costs associated with a decision to purchase a home.

-Elucidate how does the removal of the tax deduction on mortgage interest affect the housing market?

-Elucidate how do other changes in government spending also taxes affect your decision.

Reference no: EM1319455

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