All of the following are government imposed quantity restrictions except
A) A ban on a good making it illegal to own the good
B) Import quotas
C) Licensing certain activities
D) Rent controls
Answer: D) Rent controls
Economics
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If the dollar depreciates against the British pound, U.S. goods sold in ________ would become less expensive and British goods sold in ________ would become more expensive
A) Great Britain; Great Britain B) the United States; Great Britain C) Great Britain; the United States D) the United States; the United States
Economics
A fall in the price of wheat fertilizer ________ the equilibrium price of wheat and ________ the equilibrium quantity of wheat
A) raise; increase B) raise; decrease C) lower; increase D) lower; decrease
Economics