Of the following groups, who gains from rent controls?
A) landlords
B) construction workers and their union leaders
C) poor people who have a hard time earning enough income to pay high rents
D) high-income people who live in rent-controlled apartments
D
You might also like to view...
If firms reduce the rate at which inventories are rising,
A. firms are less likely to reduce production when sales fall. B. fluctuations in GDP are likely to be more dramatic. C. an increase in unplanned inventory investment becomes more likely. D. All of the above will occur if firms reduce the rate at which their inventories accumulate.
Suppose you know the following facts about the Smith Lamp Factory. When they produce 2,500 lamps, the difference between the average total cost and average variable cost is only $1 . If the average variable cost for 5,000 lamps is $8, what is the total cost of producing 5,000 lamps?
a. $2,500 b. $4,000 c. $20,000 d. $40,000 e. $42,500
The increase in international trade in the United States is partly due to
a. improvements in transportation. b. advances in telecommunications. c. increased trade of goods with a high value per pound. d. All of the above are correct.
?A(n) _____________ occurs when an individual or a group of people buy a? company's publicly traded stock mainly by using borrowed funds.
A. merger B. hostile takeover C. joint venture D. leveraged buyout E. acquisition