Most economists are against rent control because it
A. leads to surpluses.
B. discourages the building of new apartments.
C. encourages landlords to build too many apartments.
D. discourages tenants from searching for apartments.
Answer: B
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New information that might lead to a decrease in a stock's price might be
A) an expected decrease in the level of future dividends. B) a decrease in the required rate of return. C) an expected increase in the dividend growth rate. D) an expected increase in the future sales price.
Assuming one can derive a correct input-output table, are there still any reasons to prefer the market to central planning?
What will be an ideal response?
Which of the following can occur, when the government imposes a price control on a market?
(a) Excess supply of a good/service. (b) Excess demand for a good/service. (c) Price is not at its equilibrium level. (d) All of the above.
Which of these is NOT one of the issues that makes it difficult for the Fed to choose the right course of action at the right time?
A. The Fed's incomplete and imperfect control of the money supply B. The quality of the data the Fed uses C. The time that it takes for the Fed to decide on a course of action D. The time it takes for Fed action to have an impact