Which of the following examples would most likely be an unintended consequence of rent control?
a. Most of the apartments in a building are vacant.
b. A landlord is known for renting to people who often are considered “undesirable.”
c. Most of the apartments in a building are in a deteriorated state.
d. A landlord decides to put in new plumbing for an entire apartment complex.
c. Most of the apartments in a building are in a deteriorated state.
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Refer to Figure 5-7. The marginal benefit of reducing pollution curve is the same curve as
A) the supply of pollution reduction curve. B) the demand for pollution reduction curve. C) the external benefit curve. D) the positive externality curve.
Capital resources include money and other financial assets
a. True b. False Indicate whether the statement is true or false
If inflation in country A exceeds inflation in country B, purchasing power parity implies that:
A. the inflation rate in country B will rise to match the inflation rate in country A. B. the inflation rate in country A will fall to match the inflation rate in country B. C. the currency of country A will depreciate relative to the currency of country B. D. the currency of country B should depreciate relative to the currency of country A.
Usury laws lead to a ________________ of loanable funds.
Fill in the blank(s) with the appropriate word(s).