With loose enforcement of a rent ceiling, ______.
Fill in the blank(s) with the appropriate word(s).
The black market rent is close to the unregulated rent.
Economics
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Assume a money multiplier of 3. If the Treasury finances a $30 million expenditure by selling securities to the Fed, the money supply could ultimately
A) rise by $3 million. B) rise by $10 million. C) rise by $30 million. D) rise by $90 million.
Economics
When an economy is not in equilibrium,
A) planned expenditures exceed production and income. B) there is no savings nor investment. C) government tax revenues equal planned government expenditures. D) production and income equal planned expenditures.
Economics