When federal government spending amounts to less than tax revenues, the federal government runs a budget deficit

A rent control law, where tenants pay below-market rents, is a market restriction that may induce a decrease in the supply of rented apartments

a. True b. False Indicate whether the statement is true or false

The forward exchange rate is the price set today for an exchange that will take place at some time in the future.

Answer the following statement true (T) or false (F)