Explain why you would be more or less willing to buy a house under the following circumstances:

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Explain why you would be more or less willing to buy a house under the following circumstances:

a. You just inherited $100 000.

b. Real estate commissions fall from 6% of the sales price to 5% of the sales price.

c. You expect Air Canada stock to double in value next year.

d. Prices in the stock market become more volatile.

e. You expect housing prices to fall.

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The Economics Of Money Banking And Financial Markets

ISBN: 9780321584717

4th Canadian Edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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