Which of the following is an accurate statement concerning rent controls?
a. Decreases in rent are allowed, but not increases.
b. Rents often fluctuate during the tenure of an occupant.
c. Rents are fixed even though cost of living might increase.
d. Small annual increases are allowed because of cost of living.
d. Small annual increases are allowed because of cost of living.
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At what price would there be an excess supply of 200 units of the good?
Figure 4-15
Refer to Figure 4-15. At what price would there be an excess supply of 200 units of the good?
Group of answer choices
A. $15
B. $20
C. $35
D. $30
The federal funds rate is the interest rate paid when
a. the Federal Reserve makes loans to member banks. b. taxpayers pay overdue taxes. c. one bank borrows reserves from another bank. d. banks make loans to the federal government. e. the federal debt is refinanced.
Damage from which of the following is NOT covered in a basic homeowner's policy?
A) Fire and lightning B) Explosion C) Windstorm and hail D) Flood
Stabilization policies are policies designed to:
A. keep output constant. B. keep prices constant. C. move the economy closer to potential output. D. increase trade.