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Homework answers / question archive / Please help me answer the questions, this is Microeconomics subject

Please help me answer the questions, this is Microeconomics subject

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Please help me answer the questions, this is Microeconomics subject. Below is the attached case study

20200910_173041.jpgQuestions:

1. Draw supply and demand diagrams to illustrate what happened to UK house prices

(a) during the early and middle parts of the 2000s

(b) during the late 2000s 2. What similarities exist between the causes of the house price boom and bust of the late 1980s , early 1990s and of 2000s?

3.If actual house prices are rising, can real house price fall? Explain your answer.

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