Which of the following is NOT a function of rental prices?
A) to stimulate the construction of new housing
B) to ration the existing housing stock
C) to provide housing to individuals below market value
D) to allocate existing scarce housing among different people
C
Economics
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Which of the following is not an appropriate policy for a central bank to follow if the economy is plagued with deflation?
A) consistently pursuing policy to promote the credibility of the central bank B) explicitly and credibly targeting inflation C) using expansionary monetary policy to drive down interest rates D) increasing the target interest rate on overnight loans
Economics
If a monopolist in the output market purchases its monopoly supplier of labor, consumers benefit
What will be an ideal response?
Economics