11. According to Glaeser and Guryouko "Urban Decline and Durable Housing", what are the key findings A. Cities grow faster than they decline B. A negative shock to urban demand is more likely to result in lower house prices than population declines C. A positive demand shock is more likely to result in higher population than a rise in house prices. D. All of the above 12. According to Glaeser, Gyourko, & Saks, how might we know that regulations are contributing to high house prices? A. House prices have risen above the marginal cost of construction B. House prices are rising

Brief Principles of Macroeconomics (MindTap Course List)
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Chapter16: The Influence Of Monetary And Fiscal Policy On Aggregate Demand
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11. According to Glaeser and Guryouko "Urban Decline and Durable Housing", what are the key
findings
A. Cities grow faster than they decline
B. A negative shock to urban demand is more likely to result in lower house prices than
population declines
C. A positive demand shock is more likely to result in higher population than a rise in house
prices.
D. All of the above
12. According to Glaeser, Gyourko, & Saks, how might we know that regulations are contributing
to high house prices?
A. House prices have risen above the marginal cost of construction
B. House prices are rising
C. Interest rates are increasing
D. There is high population growth
E. Construction costs are rising
Transcribed Image Text:11. According to Glaeser and Guryouko "Urban Decline and Durable Housing", what are the key findings A. Cities grow faster than they decline B. A negative shock to urban demand is more likely to result in lower house prices than population declines C. A positive demand shock is more likely to result in higher population than a rise in house prices. D. All of the above 12. According to Glaeser, Gyourko, & Saks, how might we know that regulations are contributing to high house prices? A. House prices have risen above the marginal cost of construction B. House prices are rising C. Interest rates are increasing D. There is high population growth E. Construction costs are rising
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