Applying neoclassical theory to the housing market, ________ cause a decrease in the user cost of housing
A) higher expected household incomes
B) higher rates of household formation
C) increases in the expected relative price of housing
D) tighter constraints on mortgage financing
C
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Based on this figure, if the krone exchange rate is fixed at $0.15 dollars per krone, then the krone is: 
A. overvalued B. undervalued C. devalued D. revalued
Refer to the scenario above. Which of the following will happen if she puts him into a day care?
A) The country's GDP will decrease by $12,000. B) The country's GDP will increase by $12,000. C) The country's GDP will remain unchanged. D) The country's trade deficit will increase by $12,000.
If the price level increases, the
A) demand for money decreases. B) quantity of money demanded increases. C) quantity of money demanded decreases. D) demand for money increases. E) demand for money does not change and the quantity of money demanded does not change.
Suppose that a regulatory agency has imposed marginal cost pricing on a natural monopolist. We expect that
A. the firm will rise its price above marginal cost. B. the firm will earn only a normal profit. C. the firm will earn economic losses. D. the firm's average total cost of production is rising over the relevant range of production.