The price ceiling that was used to control the price of housing in New York City and other cities was called ____________ .

For a worker to be potentially available, he or she must

A) know about the jobs available at a particular firm. B) be in the relevant geographic market and be willing to work for minimum wage. C) have most of the skills required by the firm only. D) have the skills required by the firm and be in the relevant geographic market.

Money is

a. whatever is generally accepted in exchange for goods and services. b. an object to be consumed. c. a highly illiquid asset. d. widely used in a barter economy.