The "market clearing price" is most closely associated with

In what two ways were the tang and song dynasties of china similar? they jointly built the grand canal. they were economically strong. they had weak military forces. they ruled for about 300 years. they discouraged buddhist ideas.

Which of the following might cause the inflation rate to spike up sharply? the purchasing power of the average consumer decreases due to a sluggish economy. plentiful rainfall and moderate temperatures result in good harvests of wheat and soybeans. the items in the cpi market basket change to account for changing consumer buying habits. prices on world oil markets rise steeply due to war in the middle east.

Because of the housing bubble, many houses are now selling for much less than their selling price just two to three years ago. there is evidence that homeowners with virtually identical houses tend to ask for more if they paid more for the house. what fallacy are they making?