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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
3.7 Edward Leamer of the University of California, Los Angeles, has argued that “housing is the business cycle.” Why would spending on housing be likely to fluctuate more than spending by households on consumer durables, such as automobiles or furniture, or spending by firms on plant and equipment?
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