You Have Noticed That There Is an Increase in the Number

question 56

Multiple Choice

You have noticed that there is an increase in the number of homeless people in your city. At the same time you observe that there are also a number of vacant apartments. You believe that the government could reduce the number of homeless people if landlords were required to rent their apartments for less than they are currently charging. This policy recommendation would be motivated by concerns over

• A) efficiency.
• B) equity.
• C) economic growth.
• D) stability.

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Definitions:

Gasoline Tanker Truck

A large vehicle designed for transporting liquid petroleum products, especially gasoline, from refineries to distribution points.

Discriminate

To make a distinction in favor or against someone or something based on the group, class, or category rather than according to actual merit.

Authorized Credit Limit

The maximum amount of credit that a financial institution permits a borrower to use under a line of credit.

Credit Card Charged

A financial transaction where a credit card holder authorizes the transfer of funds from their account to a merchant for payment of goods or services.