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QUESTION
macroeconomics
The Great American Housing BubbleThis EIA uses the housing bubble between 2000 and2006 to explain the role of expectations in determining asset prices.1. What is a “housing bubble”?2. What evidence was cited by those who did not believe there was a housingbubble in 2005?3. What role do you think this played in the financial collapse of 2008/9?
