If you own your own home, National Accounts uses ________ to measure the value of your home.
A) the geometric mean of the highest- and lowest-priced houses in your neighborhood
B) the original purchase price
C) an estimated price of your house based on current market conditions
D) "rental equivalents"
E) the value of your home to your insurance carrier

Question

Quizplus · Accepted Answer

National Accounts typically use "rental equivalents" to measure the value of owner-occupied housing, which estimates what the homeowner would pay in rent if they were renting the property.

If You Own Your Own Home, National Accounts Uses ________