The adverse effects of rent controls include
A) keeping rental rates too high in a normal market.
B) excessive construction of new rental housing.
C) reduced incentive to construct new rental housing.
D) increased incentives for people to purchase their own homes.
C
Economics
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A rise in the average productivity of labor
a. always reflects technical progress. b. reflects technical progress if other input usage hasn't changed. c. reflects technical progress only if labor input hasn't changed. d. reflects technical progress only if the quantity of output is increased.
Economics
The phrase "capital formation" is synonymous with
a. investment spending. b. buying shares of stock. c. creating mutual funds. d. purchasing financial assets.
Economics