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(Solved): Do the movements in GDP correspond well to the movements in the Case-Shiller price index of houses? ...



Do the movements in GDP correspond well to the movements in the Case-Shiller price index of houses? A. No, movements in GDP do not correspond well to the movements in the Case-Shiller price index of houses primarily because of the housing bubble of early 2000s. B. No, movements in GDP do not correspond well to the movements in the Case-Shiller price index of houses primarily because they are inversely related. An increase in GDP leads to a decrease in the Case-Shiller price index of houses and vice versa. C. Yes, an increase in GDP corresponds to an increase in the Case-Shiller price index of houses and a decrease in GDP corresponds to a decrease in the Case-Shillerfprice index of houses because the housing sector is a major component of GDP. D. Yes, an increase in GDP corresponds to an increase in the Case-Shiller price index of houses and vice versa, although small changes in GDP translate to substantial movements in the Case-Shiller price index of houses.



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