Fill in the blank: Rent controls tend to ________ discrimination among landlords
A) increase nonprice
B) increase price
C) decrease nonprice
D) eliminate
A
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The self-interest model of government:
a. suggests that government officials are selfish. b. explains why there are limits on government taxation and spending. c. shows who some government projects take place even if the cost exceeds the benefits. d. All of the above.
Refer to the accompanying table below. The marginal cost of the 3rd unit of this activity is: Units of ActivityTotal CostTotal Benefit0$0$01$30$1002$40$1603$60$1904$100$2105$150$2206$210$225
A. $20 B. $10 C. $30 D. $25
In the middle of a severe recession, Congress passes an increase in the level of unemployment benefits. This would be considered by economists as a
A. positive tax. B. negative tax. C. form of government purchases. D. variable tax.
Which of the following is the major means to signal good quality of goods by firms?
A. Both sales and advertisements B. Sales C. Warranties/guarantees D. Advertisements