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From 2000 to 2005,housing Prices Increased,on Average,by Over 40

Question 53

Multiple Choice
From 2000 to 2005,housing prices increased,on average,by over 40%. This run up in prices was caused by

From 2000 to 2005,housing prices increased,on average,by over 40%. This run up in prices was caused by


A) speculators.
B) an increase in subprime loans, which increased demand for new and existing houses.
C) both A and B.
D) None of the above are correct.

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