The occurrence of inflation in a nation's economy hurts every citizen and, thus, creates a clear public desire to halt it from continuing
Indicate whether the statement is true or false
F
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A housing shortage results when
A) a tax is imposed on housing. B) a rent ceiling below the equilibrium rent is imposed. C) a rent ceiling above the equilibrium rent is imposed. D) rents rise. E) a rent floor below the equilibrium rent is imposed.
Frictional, structural and cyclical unemployment are three classifications of unemployment
Indicate whether the statement is true or false
When opening a print shop you need to buy printers, computers, furniture, and similar items. Economists call these expenditures
a. capital investment. b. investment in human capital. c. business consumption expenditures. d. personal saving.
As the interest rate increases, the present value of a payment received in the future:
A. increases. B. remains constant. C. may or may not change depending on other factors. D. decreases.