The objective of rent controls is to
A) ensure an adequate supply of rental housing for the poor.
B) keep rents below levels that would be observed in a freely competitive market.
C) encourage the construction of new rental units.
D) raise revenue for the local government.
B
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Mercantilism followed feudalism. Unlike feudalism, mercantilism did not support any form of a strong central government or system of nation states
Indicate whether the statement is true or false
"Peak pricing" involves setting lower prices at peak times so that people can afford a good or service
a. True b. False Indicate whether the statement is true or false
According to the shortrun (specificfactors) model, how will FDI affect wages in the recipient nation?
a. They will rise. b. They will fall. c. They will not affect wages. d. They will fall in comparison to wages in the sending country.
Using the above table, the TVC, the TC, and MC when output is 3 units are
A. $45, $18, and $15, respectively. B. $45, $50, and $15, respectively. C. $15, $45, and $15, respectively. D. $15, $20, and $15, respectively.