R27 : EOC Q12 statements, solution, correct, periods, market

Howd

Shall the Attribute 2 stated is wrong ? The solution indicated that it is correct.

The statements in 2nd paragraph on P.376 of CFAI text Vol 3 said :
...... In other words, the apparent obsevation that correlation increases in periods of market turbulance is simply an obsevation that market volatility has increased, but the "TRUE CORRELATION REMAINS CONSTANT".