« previous next »

Author Question: Which of the following must occur as a result of ceilings on apartment rents that are set below ... (Read 107 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 29, 2018
Which of the following must occur as a result of ceilings on apartment rents that are set below market clearing rental rates?
 
  A) Property owners respond to the ceilings by increasing maintenance and repairs.
  B) Property owners respond to the ceilings by constructing new apartment buildings.
  C) There is a decrease in the quantity of apartments that prospective tenants wish to rent.
  D) There is a decrease in the quantity of apartments that property owners offer for rent.

Question 2

To function as money, something must hold its purchasing power over time. That is, it must be a
 
  A) store of value.
  B) standard of deferred payment.
  C) unit of accounting.
  D) medium of exchange.


mohan

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

An example showing a modification that has occurred as a result of biological evolution An example showing a modification that has occurred as a result of biological evolution
Changes that occur during an action potential. Changes that occur during an action potential.
A melanistic jaguar at the Henry Doorly Zoo. Melanism is the result of a dominant allele and remains A melanistic jaguar at the Henry Doorly Zoo. Melanism is the result of a dominant allele and remains
Hematoma. A hematoma around the right eye caused by an injury. A hematoma is the result of bleeding Hematoma. A hematoma around the right eye caused by an injury. A hematoma is the result of bleeding
a) Type IV hypersensitivity reaction, contact dermatitis as the result of reaction to the nickel in ... a) Type IV hypersensitivity reaction, contact dermatitis as the result of reaction to the nickel in ...
Although the highest rates of disordered eating patterns occur among females, males are not immune Although the highest rates of disordered eating patterns occur among females, males are not immune
Video: Glucose Evaluation Procedure

For a complete list of videos, visit our video library