in 2015 the average price of housing was $326,000 and went up to almost $500,000 in the last year. How does the rationing function and the guiding function work in this market?
in 2015 the average price of housing was $326,000 and went up to almost $500,000 in the last year. How does the rationing function and the guiding function work in this market?
Chapter4: Prices: Free, Controlled, And Relative
Section: Chapter Questions
Problem 1QP
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in 2015 the average price of housing was $326,000 and went up to almost $500,000 in the last year. How does the rationing function and the guiding function work in this market?
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