Effect of Economic Slowdown Worksheet - House Price Simulation [Virtual Learning Arcade]
Determination of a house price: slowdown in the economy | |
The aim of these question is to assess how a slowdown in the economy will effect the price of a house.
What happens to the price of a house if the economy slows down (decrease in economic output of other sectors, a decrease in the interest rate to 4.00% and reduction in the costs of land to £3500 per hectare.);
| |
(Type your answer to the previous question in the box below, then click on explain)
| |
Help on
| |
Your answer structure
»»
Understanding the simulation
»»
Help on a slowing economy
»»
| |
Navigation
| |
Determining house price home page
»»
| |
Submitted by bized on Wed, 14/03/2001 - 13:00
