The figure above shows the housing market in the city of Appleville. A rent ceiling of $650 per month is imposed. With the rent ceiling, what is the maximum black market rent in Appleville?

A) $650 per month
B) $700 per month
C) $750 per month
D) $800 per month

D

Economics

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Time series variables fail to be stationary when

A) the economy experiences severe fluctuations. B) the population regression has breaks. C) there is strong seasonal variation in the data. D) there are no trends.

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By 2006 and 2007, foreclosure rates in some previously-booming states, such as Nevada and Colorado, were

A. one hundred times the national average. B. three times the national average. C. roughly equal to the national average. D. still far below the national average.

Economics