Since rent controls have been in effect in New York City, apartments have been more plentiful
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
Evidence to support the Ricardo-Barro effect would show that
A) government budget deficits have no effect on the real interest rate or investment. B) higher government budget surpluses decrease investment. C) higher government budget deficits decrease investment. D) higher government budget deficits raise the real interest rate. E) government budget deficits increase household consumption.
A speculator who incorrectly anticipates a major decline in next year's harvest of some agricultural commodity
A) profits at the expense of consumers. B) profits at the expense of producers. C) sustains losses and increase price variation from this year to next. D) sustains losses but reduce price variation from this year to next.
Suppose you found $10,000 hidden under a rock and deposited it in a demand deposit account at your bank. If the reserve requirement was 20 percent, your deposit would initially add ____ to total demand deposits and over time increase the money supply by a maximum of ____
a. $2,000; $4,000 b. $2,000; $40,000 c. $10,000; $40,000 d. $10,000; $50,000
U.S. antitrust laws view monopolies as undesirable because
A) monopolies restrain trade and promote inefficiencies. B) monopolies create inferior products. C) monopolies produce only capital goods. D) monopolies produce only cheap, low quality goods.