Jun 13, 11 •
195 Views •
Behavioral Economics, Demand, Supply, and Markets, Economic Thinkers, Financial Markets, Government, Households, Macroeconomic Measurement, Money and Monetary Policy, Regulation, Thinking Economically •
Elaine Schwartz •
Let’s say that you purchased the house in which you now live during 1997 for the average national price, $171,900. With housing prices steadily rising, by 2006, a neighbor’s house would have sold for as much as $317,000. In the NY Times, Nobel
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