Shortages prevail in the market for organ transplants at zero price
a. True
b. False
Indicate whether the statement is true or false
True
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The output gap of zero indicates that
A) nominal GDP is equal to Real GDP. B) GDP is equal to GNP. C) the balance between unemployment and inflation has been reached. D) actual real GDP is equal to natural real GDP.
135. In the early 2000s, the government passed laws requiring banks and mortgage brokers to disclose the terms of home loans. This action by the government was an attempt to:
A. solve the information asymmetry problem, but did not work as intended. B. solve the information asymmetry problem and led to an improvement in the housing market. C. screen out risky or shady banks and mortgage brokers. D. signal to consumers that the government cared about the value of their homes.