One common effect of rent ceilings in big cities is
A) that landlords build more apartments.
B) that landlords charge "key money," high payments charged to new tenants for new locks and keys.
C) to equalize the quantity of apartments demanded and the quantity supplied in neighborhoods.
D) to reduce the search activity by those seeking shelter.
B
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Which of the following is a variable cost for an airline?
a. insurance b. property taxes c. jet fuel d. rent of airport space
If the quantity of euro demanded were greater than the quantity supplied, then the price of the
a. euro would rise. b. euro would fall. c. dollar would rise. d. euro would be in equilibrium.
In a system of 100-percent-reserve banking, changes in the money supply depend on the decisions of the Fed as well as the behavior of depositors and bankers
a. True b. False Indicate whether the statement is true or false
Does an expansionary gap or a recessionary gap exist if short-run output is $20.0 trillion and potential output is $21.0 trillion?
What will be an ideal response?