Go to the web site of the Bureau of Economic Analysis (www.bea.gov) and use the data there to calculate the percentage change in GDP for each year from 2000 through 2015. Graph your data. Briefly compare the movements in GDP to the movements in the price index of houses shown in panel (b) ofFigure 1.3.

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220 200 180 160 140 120 100 2003 2013 2015 2005 2007 2009 2011 (b) Index of home prices Index of home prices (January 2000 = 100)