Rent controls have the effect of keeping prices under control and maintaining an adequate supply of affordable housing for lower income people

A decrease in net wealth will _____

a. shift the consumption function downward b. make the consumption function steeper c. cause an upward movement along the consumption function d. cause a downward movement along the consumption function e. make the consumption function flatter

The events of September 11, 2001 had a major direct impact on the economy's GDP

a. True b. False