Who bears the costs of a program to control rents at a maximum level?

A) landlords or owners of housing units
B) consumers who face difficulty moving to a more suitable apartment
C) homeless who cannot find rental units
D) all of these


D

Economics

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Of the following, when would the U.S. exchange rate rise the most?

A) when the supply of and demand for U.S. dollars increase B) when the supply of U.S. dollars increases and the demand for them decreases C) when the supply of U.S. dollars decreases and the demand for them increases D) when the supply of and demand for U.S. dollars decrease

Economics

The Federal Reserve responded to the 2008 financial crisis in several ways. Which of the following is one of the ways the Fed responded?

A) The Fed helped Citibank to acquire General Motors and Chrysler. B) The Fed lent investment banks Treasury securities in exchange for mortgage-backed securities. C) The Fed lowered the required reserve ratio on demand deposit accounts in order to increase the amount of bank reserves. D) The Fed banned investment banks from obtaining discount loans.

Economics

Any event that decreases the value of the marginal product of labor will:

A. increase labor supply. B. decrease labor supply. C. increase labor demand. D. decrease labor demand.

Economics

A discouraged worker is someone who

A) is not in the labor force. B) is employed. C) has been fired. D) is unemployed.

Economics