The Business Cycle A family is trying to sell their home at point 2 on the
graph.
How might this affect the sale of their home? Check all
y
that apply
Economic output
Their home will likely sell for a low price.
Their home will likely sell for a high price,
Their home will likely take longer to sell.
Their home will likely increase in value if they wait.
Their home will likely sell quickly.
3
Time