Which of the following will not cause a shift in the demand curve for new houses? Select one: A. A rise in the income of potential buyers B. A discount of £10,000 on the price of new houses C. A fall in private sector rents D. A rise in council rents

Which of the following will not cause a shift in the demand curve for new houses? Select one: A. A rise in the income of potential buyers B. A discount of £10,000 on the price of new houses C. A fall in private sector rents D. A rise in council rents

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter3: Supply And Demand: Theory

Section: Chapter Questions

Problem 19QP

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Question

Which of the following will not cause a shift in the demand curve for new houses?

Select one:

A. A rise in the income of potential buyers

B. A discount of £10,000 on the price of new houses

C. A fall in private sector rents

D. A rise in council rents

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