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Which of the following statements about the U.S. housing industry is accurate?

AThe total net housing wealth is equal to about 80 percent of GDP.
BThe housing industry is not a big part of the economy.
CNo one really knows how many building permits are issued in the U.S. each month.
DThe total net housing wealth was less than 1 billion dollars in 2006.

Verified Answer :

The correct answer for the question that is being presented above is this one: "A) The total net housing wealth is equal to about 80 percent of GDP." The statements about the U.S. housing industry is accurate is this one 'The total net housing wealth is equal to about 80 percent of GDP.'

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