The above figure shows the apartment rental market in Bigtown. If the Bigtown Housing Authority imposes a rent ceiling of $500 per month, the rent ceiling will help
A) all renters.
B) some renters and hurt other renters.
C) all landlords.
D) some landlords and hurt other landlords.
B
You might also like to view...
The financial statement that sums up a firm's revenues, costs, and profit over a period of time is its
A) income statement. B) dividend yield statement. C) price-earnings statement. D) balance sheet.
Which of the following does not occur in resolving a debt crisis?
A) Debts are restructured B) Repayment periods are shortened C) Interest rates are reduced D) Some partial debt forgiveness
The forecasting technique, which predicts technological trends and is carried out by a sequential series of written questions and answers is
A) the Delphi method. B) the market research method. C) opinion polling. D) the jury of executive opinion approach.
Other things held constant, private disposable oncome would increase if
A. Taxes increase B. Government transfers increase C. Consumption increases D. Government purchases increase.