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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

Many financial analysts and economists eagerly await the press releases for the reports on the home price index and consumer confidence index. What would be the effects of a negative report on both of these? What about a positive report?

To determine

Effect of negative and positive impact is to be determined.

Explanation

Any negative reports would result into fall in the value of their assets. Any negative report for Home price index which measures the value of home means value has declined.

Consumer Confidence index shows the confidence of consumers for economy...

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