The City Council of Happy Village is thinking about imposing rent controls. If they put rent controls in place, which constituency are they trying to please?

If the Fed sells securities to commercial banks, there is no money multiplier effect

Indicate whether the statement is true or false

High interest rates make a firm's long-term investment in new capital

a. riskless. b. less attractive. c. more attractive. d. no more attractive than short-term investment.