A rent ceiling controls the rent portion of the cost of housing but not the search cost. So when the search cost is ________ the rent, some people end up paying a ________ opportunity cost for housing than they would if there were no rent ceiling

In the simple linear regression model, the regression slope

A) indicates by how many percent Y increases, given a one percent increase in X. B) when multiplied with the explanatory variable will give you the predicted Y. C) indicates by how many units Y increases, given a one unit increase in X. D) represents the elasticity of Y on X.

The incidence of an excise tax

a. refers to who really pays it b. always falls on suppliers c. is equally divided between demanders and suppliers d. is determined by the number of demanders e. is decided by the government when the tax is imposed