Prior to the housing crisis of 2008, the federal government had been trying to ______ lending standards for low income people to ______ home ownership.

Education vouchers have the advantage that they retain ______ but still allow _____

a. government financing; parents to choose b. government production; considerable government control c. government production; parents to choose d. government financing; considerable government control

Suppose the typical consumer only purchases food and clothing, and her utility can be expressed as U = F ? C. Currently, food costs $5 per unit and clothing costs $2 per unit. Her income is $70

If the price of food increases to $6, compare the resulting Laspeyres price index with a true cost of living index.