Loans are better than grants for higher education.
A. True
B. False
C. Uncertain
C. Uncertain
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The effects of rent control in the long run include lower rents and lower-quality housing
a. True b. False Indicate whether the statement is true or false
Refer to the graph shown. If buyers must pay $5, quantity demanded will equal:
A. 100. B. 50. C. 2.5. D. 75.
Suppose Ariana deposits $75,000 in her bank. If the reserve ratio is 20 percent, this will lead to a maximum increase of ________ in checking account balances throughout all banks.
A. $15,000 B. $375,000 C. $750,000 D. $1,500,000
The impossibility theorem is the idea that
A. private parties cannot arrive at the efficient solution without government intervention. B. it is impossible to exclude someone from enjoying the benefits of a public good. C. we cannot devise a voting scheme that respects individual preferences and gives consistent, non-arbitrary results. D. it is impossible for lawmakers to get legislation passed without agreeing to help other lawmakers get their legislation passed.