The "filtering model" of housing markets is based on what principle?
A) Housing quality rises and falls in regular cycles.
B) Zoning ordinances evens out differences in housing quality.
C) Gentrification evens out differences in housing quality.
D) There is an increase in the quality of a house over time.
E) There is a decrease in quality of a house over time.
E
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A rising tide is known as an ebb tide.
Answer the following statement true (T) or false (F)
Which of the numbered units is the oldest?
A. unit 8 B. unit 10 C. unit 6 D. unit 4 E. unit 9
As measured by employment, a 3-shift firm is 3 times larger in scale than a 1-shift firm
Indicate whether the statement is true or false
What led to a spike in world wheat prices in 2010?
A. the Russian invasion of Georgia B. a heat wave that resulted in the Russian government's decision to ban wheat exports. C. the Common Wealth of Independent States' (CIS) attempt to corner the wheat market. D. Russia joining the World Trade Organization.