Which of the following is an example of an unintended consequence?
a. first time tax credits that cause more home sales
b. a price ceiling on gasoline that causes a gas shortage and leads some gas stations to go out of business.
c. increased parking fines that lead to fewer violators
d. all of the above
b
Economics
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Based on the information in Scenario 1, nominal GDP in 2015 in this economy was
A) $830. B) $1,025. C) $1,090. D) $1,345.
Economics
Between 2000 and 2015, advances in PC production technology increased the supply of PCs sharply. The demand for PCs also increased, but not nearly as much as the supply did
As a result, the price of a PC ________ and the quantity of PCs sold ________. A) rose; decreased B) rose; increased C) fell; decreased D) fell; increased
Economics