The long-run effect of rent control on an area includes
A. less investment into the real estate market in the area.
B. many new luxury apartments new luxury apartments will be built.
C. rampant building of new low-income housing.
D. new investors into the real estate market in the area.
Answer: A
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The primary assets of a finance company are
A) municipal bonds. B) corporate stocks and bonds. C) consumer and business loans. D) mortgages.
Most wage differences can be understood while maintaining the assumption of equilibrium in the labor market. We deviate from that assumption, however, when we consider
a. the superstar phenomenon. b. the theory of efficiency wages. c. compensating differentials. d. differences in educational attainment.
Which of the following is a responsibility of Congress?
A. Monetary, fiscal, and supply-side policy. B. Monetary policy. C. Monetary and fiscal policy. D. Fiscal policy and supply-side policy.
A union shop is a
A) strike by a union in sympathy with another union's strike or cause. B) dispute involving two or more unions over which should have control of a particular jurisdiction. C) business enterprise in which employees must belong to the union before they can be hired and must remain in the union after they are hired. D) business which may hire nonunion members conditional on their joining the union by some specified date after employment begins.