Use the figure below to answer the following questions.

Figure 1A.2.3
-Refer to Figure 1A.2.3.If you were told that economic theory predicts that higher levels of the rate of interest (x)lead to lower levels of sales of houses (y),which graph would you pick to represent this economic relationship?

Question

Use the figure below to answer the following questions.
  
Figure 1A.2.3
-Refer to Figure 1A.2.3.If you were told that economic theory predicts that higher levels of the rate of interest (x)lead to lower levels of sales of houses (y),which graph would you pick to represent this economic relationship?

Quizplus · Accepted Answer

The Answer of Use the figure below to answer the following questions.
  
Figure 1A.2.3
-Refer to Figure 1A.2.3.If you were told that economic theory predicts that higher levels of the rate of interest (x)lead to lower levels of sales of houses (y),which graph would you pick to represent this economic relationship?

Use the Figure Below to Answer the Following Questions