With rent controls, which of the following is most likely to occur?

A) decreased search activity
B) black market activity
C) a building boom
D) a housing surplus


B

Economics

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Which of the following is most important in explaining exchange rate fluctuations in the short run?

A) relative price levels across countries B) relative rates of productivity growth across countries C) preferences for domestic and foreign goods D) interest rates

Economics

Describe some of the gains from lowering trade barriers that may be difficult to measure

What will be an ideal response?

Economics

The reduction or covering of a foreign exchange risk is called

A) hedging. B) speculation. C) intervention. D) arbitrage.

Economics

Refer to Figure 10.3. What is the competitive price?

A) P1 B) P2 C) P3 D) P4 E) P5

Economics