The term auction facility (TAF) program was instituted by the Federal Reserve to deal with the ________________________. This program gave banks ____________ options when it comes to borrowing from the Fed

The Consumer Price Index (CPI) differs from a chain-weighted price index in that the CPI

A) compares the prices of all goods in one year to the prices of all goods in other years. B) measures the costs of a typical fixed basket of goods over time, while the chain-weighted index does not. C) requires calculation of GDP, while the chain-weighted index does not. D) allows for the goods consumed in an economy to change over time, while the chain-weighted index does not.

The table above gives the demand and supply schedules for the housing market in a small town. If a rent ceiling of $200 a month is imposed, what is the quantity demanded, the quantity supplied, and the shortage of housing?

What will be an ideal response?