During 2002 – 2005 we saw significant increases in the construction of new housing stock in the US. During the same time period

Question

we also observed significant rises in the demand for homes. We know that during that time period both price and the level of homes traded increased. Based on that information what most likely happened in the market?

a. The rise in supply outpaced the rise in demand.

b. The rise in demand outpaced the rise in supply.

c. The rise in demand was perfectly matched by rise in the supply.

d. None of the above

mohamed badawy · Answer

answer b ......................................................................

Khaled Anwar · Answer

The answer is : Option ( B )

khaled elkholy · Answer

b. The rise in demand outpaced the rise in supply. ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

Wasi Rahman Sheikh · Answer

Answer is option _____________________b

Mohammed Fathe Shaheem · Answer

B...........................................

husnain tayyab · Answer

the answer is c is correct of this question

Salvatore Augello · Answer

answer B ______________________________________

Bello Abubakar · Answer

B...........................................................................................

Emad Mohammed said abdalla · Answer

The correct answer was: b. The rise in demand outpaced the rise in supply..

Nasir Hussain · Answer

b. The rise in demand outpaced the rise in supply......................................................

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

b. The rise in demand outpaced the rise in supply.

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During 2002 – 2005 we saw significant increases in the construction of new housing stock in the US. During the same time period

we also observed significant rises in the demand for homes. We know that during that time period both price and the level of homes traded increased. Based on that information what most likely happened in the market?

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