Given some amount to be received several years in the future, if the interest rate increases, the present value of the future amount willa. be higher. b. be lower. c. stay the same. d. cannot tell. e. be variable.

Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.