In a housing market with a rent ceiling set below the equilibrium rent, as time passes the supply of apartments
A) decreases.
B) increases.
C) does not change.
D) becomes fixed by the government.
E) increases while the demand for apartments decreases.
A
Economics
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Economists who believe in activist policy making argue that
A) only planned changes in the money supply impact the economy. B) only increases in the minimum wage levels improve economic well-being. C) decreases in aggregate demand definitely impact the economy in the short run. D) decreases in aggregate demand impact the economy only in the short run.
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The interest rate target emphasized in recent Federal Open Market Committee press releases is the
A) discount rate. B) prime rate. C) federal funds rate. D) equilibrium rate.
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