One Reason Advanced to Explain Why Housing Is a Leading

question 43

Multiple Choice

One reason advanced to explain why housing is a leading indicator is that

• A) the demand for housing depends on real GDP and declines in real GDP always precede the onset of recession.
• B) the demand for housing depends on the real interest rate and real interest rates generally climb as economies begin to turn down into recession.
• C) the demand for housing depends at least indirectly on the prices of construction materials and those prices always accelerate during the inflationary booms that precede recessions.
• D) the demand for housing depends critically on nominal GDP, which always falls during the inflation that precedes recession.
• E) none of the above.

---

Definitions:

Moral Rights

Rights concerning the recognition of personal autonomy and the protection of individuals from harm, aligning with ethical standards and moral principles.

Consequential Theories

Ethical theories that judge actions based solely on their outcomes or consequences, focusing on the greater good or harm resulting from them.

Moral Rights

Rights concerning the personal and reputational aspects of a work, typically associated with the author's ability to prevent unauthorized changes or to be properly acknowledged.

Universal Rights

Rights that are believed to belong to every person regardless of race, gender, nationality, ethnicity, language, religion, or any other status.