If the supply curve for housing has the normal positive slope, rent controls are likely to:
a. increase the quantity of available housing
b. improve the quality of available housing
c. create a larger shortage than if the supply curve were vertical.
d. help low-income families find suitable housing.
c
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In 2008 the fall in the value of the stock market decreased people's wealth. As a result of this change alone, the supply of loanable funds
A) did not change, and there was a downward movement along the supply of loanable funds curve. B) did not change, and there was an upward movement along the supply of loanable funds curve. C) decreased. D) did not change, and there was no movement along the supply of loanable funds curve. E) increased.
The per capita output of an economy is likely to increase if: a. the number of workers in the economy grows faster than its population
b. the population of the country grows faster than its labor force. c. the government increases the tax rates. d. the government controls the number of illegal immigrant workers in the economy. e. the government manages the foreign investment in the economy.