Question 15 Other things the same, when the price level rises, interest rates Not yet answered Select one: Points out of O a. rise, which means consumers will want to spend more on homebuilding. 1.00 Flag O b. rise, which means consumers will want to spend less on homebuilding. question O c. fall, which means consumers will want to spend more on homebuilding. O d. fall, which means consumers will want to spend less on homebuilding. Question 16 Quality Motors is a Japanese-owned company that produces automobiles; all of its automobiles are produced in American plants. In 2007, Quality Motors Not yet produced $20 million worth of automobiles, with $12 million in sales to Americans, $6 million in sales to Canadians, and $2 million worth of automobiles added to answered Quality Motors' inventory. The transactions just described contribute how much to U.S. GDP for 2007? Points out of 1.00 Select one: Flag O a. $12 million question O b. $14 million O c. $20 million O d. $34 million Question 17 Real GDP is the yearly production of final goods and services valued at Not yet answered Select one: Points out of 1.00 O a. current prices. Flag O b. constant prices. question O c. expected future prices. O d. the ratio of current prices to constant prices