Which of the following is not a result of rent controls?
a. reduced incentives to build new rental housing
b. reduced incentives for landlords to keep rental units in good repair
c. increased discrimination against people deemed undesirable on the part of landlords
d. increased turnover as tenants move more frequently from one rental unit to another
d
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The above table gives the initial balance sheet for Mini Bank. Mini Bank's actual reserve ratio equals ________
A) 25 percent B) 12.5 percent C) 33.3 percent D) 20 percent
In economic terms, the total price of a pound of meat for an individual who has waited in line is
A) the money price paid to the butcher for the pound of meat. B) the money price of meat relative to the price of bread or other necessity. C) the money price of the meat plus the opportunity cost of time spent waiting in line. D) the money price of an equal amount of meat substitute, such as beans and rice.
Production quota
What will be an ideal response?
The characteristics that money should have include:
A. portability, durability, and flexibility. B. durability, flexibility and stability. C. durability, portability, and non-homogeneity. D. scarcity, portability, and divisibility.