If the value of homes in Montreal increases and,as a result,the people of Montreal spend more,incomes in Montreal will:
A) decrease.
B) increase.
C) remain the same.
D) be unaffected.

Question

Quizplus · Accepted Answer

If the value of homes in Montreal increases, it means the property owners will become wealthier, and they might spend more money. This will lead to an increase in incomes in Montreal. Hence, the correct option is B.

If the Value of Homes in Montreal Increases And,as a Result,the