Between the middle of 2006 and the first quarter of 2012, the national index for the U.S. housing market:
A) declined by about 10.1 percent.
B) declined by about 42 percent.
C) increased by about 33 percent.
D) was flat.
E) grew at the rate of inflation.

Question

Quizplus · Accepted Answer

According to the given time period, the U.S. housing market index experienced a significant decline. The only option reflecting a decline is option B, which states that the index declined by about 42 percent.

Between the Middle of 2006 and the First Quarter of 2012