If the production of oranges reduces global warming, then the equilibrium quantity of oranges will be ________ the socially optimal quantity.

All else equal, an increase in population decreases potential GDP

Indicate whether the statement is true or false

Which of the following statements is true about bonds?

A) Sellers of newly issued bonds are borrowers. B) When the government and large corporations want to borrow money they buy bonds. C) A bond owner must hold a bond until it matures. D) The interest rate on a bond is directly related to its price.