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Author Question: One common effect of rent ceilings in big cities is A) that landlords build more apartments. B) ... (Read 62 times)

Mimi

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on: Jun 29, 2018
One common effect of rent ceilings in big cities is
 
  A) that landlords build more apartments.
  B) that landlords charge key money, high payments charged to new tenants for new locks and keys.
  C) to equalize the quantity of apartments demanded and the quantity supplied in neighborhoods.
  D) to reduce the search activity by those seeking shelter.

Question 2

In economics, positive statements are about
 
  A) the way things ought to be.
  B) the way things are.
  C) macroeconomics, not microeconomics.
  D) microeconomics, not macroeconomics.


scikid

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


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