could you answer the question.I really need this,,thanks in advance (3) Tokyo-to housing market completely follows Japan’s other prefectures both a) in supply(housing starts) and b) demand (vacancy rate) (Table 2 and Table 3).Table 2:Housing Start(No. ofConstructions)and Population(in Thousands)Table 3:VacancyRate (%)HousingPopulationVacancy PopulationStartRateandPopulation(inThousands)Aomori-kenHokkaidoAomori-kenHokkaido5,00038,00065,0001,8006.0008,50013,0001,800146.0008,50013,00015Osaka-fuOsaka-fu15Tokyo-to145,000Tokyo-to13(4) Decline in house prices is likely to affect household balance sheets equally across Japan leadingto decrease wealth inequality a) between urban and rural areas and b intergenerationally.

3)Prefectures means demographics.From the table,we can understand that tokyo-to has more supply and…

Population Vacancy Population Rate Table 2: Housing Start (No. of Constructions) and Population (in Thousands) Housing Table 3: Vacaney Rate (%) and Start Population (in Thousands) Aomori-ken Hokkaido Osaka-fu Tokyo-to 5,000 38,000 65,000 145,000 1,800 6,000 8,500 13,000 Aomori-ken Hokkaido Osaka-fu Tokyo-to 14 1,800 6,000 8,500 13,000 15 15 13 (4) Decline in house prices is likely to affect household balance sheets equally across Japan leading to decrease wealth inequality a) between urban and rural areas and b intergenerationally.

Population Vacancy Population Rate Table 2: Housing Start (No. of Constructions) and Population (in Thousands) Housing Table 3: Vacaney Rate (%) and Start Population (in Thousands) Aomori-ken Hokkaido Osaka-fu Tokyo-to 5,000 38,000 65,000 145,000 1,800 6,000 8,500 13,000 Aomori-ken Hokkaido Osaka-fu Tokyo-to 14 1,800 6,000 8,500 13,000 15 15 13 (4) Decline in house prices is likely to affect household balance sheets equally across Japan leading to decrease wealth inequality a) between urban and rural areas and b intergenerationally.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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