Gassume that in january 2017, the average house price in a particular area was $308,700. in january 2000, the average price was $198,300. what was the annual increase in selling price? (do not round intermediate calculations. enter your answer as a percent rounded answer to 2 decimal places, e. g., 32.16.)

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases. b. the equilibrium wage increases and the equilibrium quantity of labor decreases. c. the equilibrium wage decreases and the equilibrium quantity of labor increases. d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.