The City Council of Happy Village is thinking about imposing rent controls. If they put rent controls in place, which constituency are they trying to please?

Steve and Karen decide to attend the same concert when they are each given free tickets to it. We know that

A) both bear the same opportunity cost because they are seeing the same thing. B) both bear the same opportunity cost because the tickets have the same face value. C) both bear an opportunity cost that depends on what each person is giving up to attend the concert. D) neither bears an opportunity cost since the tickets were given free to them.

If the reserve ratio is 15 percent, the money multiplier is

a. 7.7. b. 6.7. c. 5.7. d. 15.