The performance of the macroeconomy ultimately depends on the microeconomic decisions made by households and businesses

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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What's a direct long-run effect of imposing rent controls on apartments?

A) A rise in demand for rent controlled apartments B) A fall in demand for rent controlled apartments C) A fall in the supply of rent controlled apartments D) A rise in the supply of rent controlled apartments

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What will be an ideal response?

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Which of the following is NOT a government-sponsored enterprise?

A) Fannie Mae. B) Freddie Mac. C) Federal Home Loan Banks. D) Ginnie Mae.

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If the GDP per capita is $2,000, and the population is 150,000 people, then the GDP must be:

A. $75. B. $7,500. C. $300,000,000. D. $300,000.

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