When the rate of interest in the economy increases
A) real Gross Domestic Product (GDP) will increase.
B) the market price of existing bonds will fall.
C) the asset demand for money will increase.
D) the transaction demand for money will increase.
B
Economics
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A social cost that is not fully paid by the individual using an automobile is
A) traffic congestion. B) gasoline and oil. C) insurance. D) depreciation of the vehicle.
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Property that is owned by everyone and therefore by no one in particular is referred to as
A) common property. B) social property. C) private property. D) free property.
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