Olimpiade Sains Kota (OSK) 2015 - Ekonomi, Nomor 32

When interest rate increases, new residential housing prices tend to decrease. This observation indicates that ... 

A. There must be false causality between interest rates and housing prices 

B. Higher interest rates must cause low housing prices 

C. A scatter diagram between interest rates and housing prices will show negative relationship 

D. A scatter diagram between interest rates and housing prices will show a direct relationship 

E. There is no relationship between interest rates and housing prices