Federal Reserve Bank of Boston Economic Quiz
1. During 2001, new and existing home sales did what?
2. The Conference Board releases an index of leading indicators that suggests future economic activity. The index is made up of 10 measures, including average weekly manufacturing hours, interest rate spread, and stock prices. Which of the following housing indicators is included in the index?
New home sales
Existing home sales
3. During the first quarter of this year, the average sales price for a new single family home in the United States was $224,400. During the same period, what was the average sale price for a new single family home in the Northeast region of the United States?
4. Out of the total number of housing units in the United States, what percentages are owner occupied, renter occupied, and vacant?
60% owner, 28% renter, and 12% vacant
60% owner, 38% renter, and 2% vacant
70% owner, 28% renter, and 2% vacant
70% owner, 18% renter, and 12% vacant
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Economic quiz written by: Delia Sawhney - May 20, 2002
Views expressed in the economic quiz are those of the individual author.