The figure above shows the demand for and supply of rental housing in Smallton. If a rent ceiling is set at $800, there is
A) a shortage of 3,000 units of rental housing.
B) a shortage of 6,000 units of rental housing.
C) a surplus of 3,000 units of rental housing.
D) neither a shortage nor a surplus of rental housing.
D
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The percentage of births to unwed mothers has been rising at a faster rate for whites than for blacks since 1960
Indicate whether the statement is true or false
The primary use of development assistance is to
A. encourage economic development through low-interest loans. B. restrict the outflow of foreign direct investment. C. invest in natural resources. D. allow developing countries imitate rather than innovate technologies.
Financial intermediaries, such as commercial banks, help borrowers, particularly small borrowers, by:
A. providing information to evaluate financial investments. B. providing credit that might otherwise not be available. C. offering tax-preferred borrowing opportunities. D. eliminating the risk of borrowing.
Refer to the diagram, assuming that the firm represented is operating on curve TC 0 . How much will the firm extract this year?
A. 500.
B. 750.
C. 1,000.
D. It cannot be determined with the information given.