(b) Select the best description of a longer term trend visible in addition to the cycles....

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Economics

(b) Select the best description of a longer term trend visible in addition to the cycles. Over the long run housing starts appear to have remained relatively constant. Over the long run housing starts have risen, except for a few years with sharp decreases. Over the long run housing starts have decreased, except for a few years with sharp increases. Over the long run housing starts have risen steadily with no deviations from this pattern.

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