The recent boom in new home construction has finally begun to taper off. Developers are not
buying land, contractors are finding themselves going without work for longer periods, and
banks are issuing fewer mortgages. People must not be as interested in buying new homes as
they were even six months ago. Which of the following indicates a flaw in the reasoning
above?
A) Interest rates for home mortgages have increased significantly over the past six months.
b) The average size of a new home has
...
buying land, contractors are finding themselves going without work for longer periods, and
banks are issuing fewer mortgages. People must not be as interested in buying new homes as
they were even six months ago. Which of the following indicates a flaw in the reasoning
above?
A) Interest rates for home mortgages have increased significantly over the past six months.
b) The average size of a new home has
...
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