Question: True or False with statement. Suppose a consumer has spent all of their income to purchase 2durable goods. A 2000square foot house. 1000 bar of

True or False with statement.

Suppose a consumer has spent all of their income to purchase 2durable goods. A 2000square foot house. 1000 bar of gold in other words the consumer now owns qh,qg =2000,100. Which were bought when the price of housing per square foot is ph price of gold pre bar is pg

S consumer better off if price of housing increase worse off price of housing falls 1

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