Voucher programs for housing
A. provide rent vouchers for existing housing stock.
B. are underutilized with a surplus of housing stock.
C. provide down payment assistance to purchase homes.
D. are known as Section 8.
A. provide rent vouchers for existing housing stock.
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An unintended byproduct of a market exchange that is allocated outside the market system is _____
a. a restrictive covenant b. an externality c. a pollution right d. an external damage
_____ determine the efficient pattern of specialization in production
a. Total costs b. Opportunity costs c. Marginal costs d. Sunk costs
Under EPA regulations, a factory
a. must pay for the right to pollute. b. can increase air pollution from its grinding process if it decreases air pollution from its smelting process. c. cannot under any circumstances build a polluting factory in an area where pollution standards are not being met by existing firms. d. None of the above is correct.
The classical economists felt that wages and prices were flexible in
A) neither the upward direction nor the downward direction. B) the upward direction but not in the downward direction. C) the downward direction but not in the upward direction. D) both the upward and downward directions.