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Author Question: Related to the Economics in Practiceon p. 607: The Case-Shiller index of housing prices (Read 23 times)

bobthebuilder

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Question 1

Related to the 
Economics in Practice on p. 607: The Case-Shiller index of housing prices measures the change in price of


◦ the average house in a city over time.
◦ identical houses that have sold multiple times.
◦ a specific size of house in an area over time.
◦ the average house across the nation over a 1-year time period.

Question 2

Related to the 
Economics in Practice on p. 607: The Case-Shiller index of housing prices


◦ increased by 125% from 1996 to 2006.
◦ fell by 38% from 2006-2011.
◦ showed an annual increase of over 7% in 2012 and early 2013.
◦ All of these are correct.


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Marked as best answer by bobthebuilder on Apr 19, 2019

nguyenhoanhat

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