Patrick just landed a job working for a major online gaming company in Silicon Valley. In a lot of ways, this is his dream job come true - the chance to work for a company that makes gaming software and live in California at the same time. As his plane lands at San Jose International, he pictures a snazzy apartment with a palm tree right outside the front door. A few hours later, as he meets a property manager of a large apartment complex, his heart sinks. The price of apartments is out of sight! Back at the hotel, he logs on to the Bureau of Labor Statistics to try to get a better picture of why the cost of housing is so high in this region of the U.S. Which factors may be causing the rise in the price of housing?A. Low Unemployment rate and increasing GDPB. High consumer's marginal index and low PPIC. Low CPI and high state tax rateD. Decreasing Disruptive Technologies Index and high unemployment

GDP is the acronym for Gross Domestic Product. When the state/city has a high GDP the cost of living in that area is substantially higher than a lower income neighborhood in another city/state.

When the unemployment rate is low, this can also cause the rents and price of living to rise in the area. This means that more people are working and putting money back into the community. This causes food, gas, rent, energy, and more to raise their prices since more can afford a higher cost.

The cost of living can change in all areas even though the wages have not and this causes many problems for people who can't afford to pay rent or buy food. This can cause people to become homeless while still having a good full time job.

Learn more about the GDP at https://brainly.com/question/1383956

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