Which of the following is TRUE of the Federal Reserve System? I. It was established in the early 1980s. II. It serves as the central bank of the United States

Which of the following is a likely outcome of rent ceilings?

A) a surplus of rent-controlled housing B) waiting lists of potential renters of rent-controlled housing C) construction of more rental housing D) black market rents below the ceiling rent

Which of the following is TRUE?

A) India is the world's largest democracy. B) India began reforming and opening its economy prior to China. C) At the end of the twenty-first century, China will have a larger population than India. D) India has a larger population than China currently. E) India has a larger manufacturing sector than China.