In Figure 35.1, if rents are uncontrolled, then the amount that landlords will want to rent will be 
Figure 35.1
A. Q*.
B. Q'.
C. Q".
D. 0.
Answer: A
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In the above figure, if the market is competitive and unregulated, then at the equilibrium amount of output the marginal social benefit is
A) less than the marginal cost to producers. B) greater than the marginal social cost. C) equal to the marginal cost to producers. D) equal to the marginal private benefit from consumption.
The Dodd-Frank bill is new financial regulation
Indicate whether the statement is true or false
An increase in net exports would lead to an increase aggregate demand but would not lead to an increase in aggregate supply
a. True b. False Indicate whether the statement is true or false
If aggregate supply meets aggregate demand in the vertical part of the AS curve, which of the following is a true statement about expansionary policies?
A) Monetary policy will be more effective in increasing output. B) Fiscal policy will be more effective in increasing output. C) Fiscal and monetary policy will be equally effective in increasing output. D) Both monetary and fiscal policies will only cause prices to increase.