Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Scenario 2 Findings and Analysis ECON195 - Macroeconomics Final ePortfolio Submission Template To: Office of the Mayor Follow the directions in yellow highlights - delete

image text in transcribed
image text in transcribed
Scenario 2 Findings and Analysis ECON195 - Macroeconomics Final ePortfolio Submission Template To: Office of the Mayor Follow the directions in yellow highlights - delete the highlighted areas or highlights From: Your Name after completing. No highlights should remain after completing the document Date: Date Submitted Save the document using the following convention: LastName ECON195 ePortfolio RE: Impact of Rental Control First Name MI. Last Name Insert completed Price Ceiling Excel chart here. Bryant & Stratton College ECON195 - Macroeconomics In paragraph format, prepare a brief document to the mayor about the impact of imposing rent control Incorporate the following prompts in your document. Instructor Name 1. Evaluate the market impact that resulted from the price ceiling imposed by the local government. Month day, year 2. Identify and explain some unintended consequences that could result from the government's market intervention., 3. Recommend and explain two other alternative actions that the government Scenario 1 Findings and Analysis might undertake, other than rent control, to make rental units affordable To: Audit Department From: Your Name Date: Date Submitted RE: Maintenance Cost Explanation Insert Part D Excel chart here. In paragraph format, prepare a brief document to the corporate audit department that explains the increase in repair costs using the construction screw costs as an example. Incorporate the following prompts in your document. 1. Part B: Identify and explain the impact on equilibrium when demand increased. a. Identify the relevant non-price determinants of demand that could cause demand to increase. 2. Part C: Identify and explain the impact on equilibrium when supply decreases. a. Identify the relevant non-price determinants of supply that could cause supply to decrease. 3. Part D: Briefly discuss what the final market equilibrium means to consumers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics

Authors: R. Glenn Hubbard, Anthony Patrick O Brien

7th edition

134738314, 9780134738116 , 978-0134738321

More Books

Students also viewed these Economics questions

Question

Where do you see yourself in 5/10 years?

Answered: 1 week ago