Plot relative price of housing and residential construction


Problem

Plot the relative price of housing (use the Case-Shiller 20-city home price index) and residential construction as a fraction of GDP. What do you observe? Is the theory of investment in this chapter consistent with your plots?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Plot relative price of housing and residential construction
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