When Interest Rates Increase, the Demand for Commercial and Residential

question 114

Multiple Choice

When interest rates increase, the demand for commercial and residential real estate will _____ and the price of real estate will _____.

• A) increase; increase
• B) increase; decrease
• C) decrease; increase
• D) decrease; decrease

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Definitions:

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, now elicits a response.

Bumblebee

A large, hairy, social insect known for its ability to gather nectar and pollinate plants.

Baby's Crying

A baby's way of communicating needs or discomfort, ranging from hunger to tiredness or the need for attention.

Discrimination

An unjustified negative or harmful action toward a member of a group simply because the person belongs to that group.