You Notice That When Interest Rates Increase, New Residential Housing

question 10

Multiple Choice

You notice that when interest rates increase, new residential housing prices tend to decrease. This observation indicates that

• A) a scatter diagram between interest rates and housing prices will show a direct relationship.
• B) there must be false causality between interest rates and housing prices.
• C) higher interest rates must cause low housing prices.
• D) a scatter diagram between interest rates and housing prices will show a negative relationship.

---

Definitions:

Secondary Traits

Personality characteristics that are more situation-specific and less central to the individual's personality than primary traits.

Inconspicuous

Not clearly visible or attracting attention; not conspicuous, allowing something or someone to blend into the background.

Proprium

Alfred Adler’s term referring to the core of an individual's personality, encompassing self-awareness and self-regard.

Master Trait

A dominant characteristic or quality that significantly shapes an individual's behavior and identity.