Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Chapter 17, Problem 10RQ
To determine
The role of the arbitrage equation in determining the price of housing.
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what is the effects of this to firm value?decrease or increase?
An expected increase in inflation causes generally higher interest rates, and hence, the discount rate increases.
What is a capital gain, and what role does it play in the arbitrage equation?
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Macroeconomics (Fourth Edition)
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