Shortage means the same thing as scarcity

Suppose an apartment complex is converted to an owner occupied condominium. Suppose that the estimated value of the condominium owners' housing services is now the same as their former rent

A) GDP increases. B) GDP decreases. C) GDP is unaffected because neither the rent nor the estimate of the value of housing services is included in GDP. D) None of the above.

Which of the following is NOT a restriction the government imposes to keep potential entrants out of a market?

A) subsidizing imported goods B) licensing of exclusive ownership of such a vital resources C) certificate of convenience D) compliance with government safety regulations