A study was undertaken to compare house prices of Hong Kong to those in Houston. Other than converting currency rates to a common unit, what else needs to be considered to make a valid comparison?
A) population of each city
B) net present value of houses
C) range of house prices
D) cost of living index

Question

Quizplus · Accepted Answer

The cost of living index should be considered to account for differences in living expenses between the two cities, which can affect house prices.

A Study Was Undertaken to Compare House Prices of Hong