【ACCA选择题】
第一题:Suppose that,in a certain advanced industrialised country,the government has applied price controls over rents of both public and private rented accommodation for a number of years,and a serious problem of widespread homelessness has built up.Just recently,the rent price controls have been eased.Which of the following consequences should now occur?
1 An increase in homelessness
2 In the longer term,an increase in new building work
3 The provision of more rented accommodation
4 Fewer owner-occupied dwellings
A Consequences 1 and 2
B Consequences 2 and 3
C Consequences 3 and 4
D Consequences 1 and 4
第二题:The demand curve for a resource may shift because of
A A change in the demand for a good whose production is dependent on the resource
B Concerns about potential harmful pollution from the resource
C A change in the price of a substitute resource
D All of the above
第一题:B
Rationale:When rent controls are eased,the effect is similar to raising or removing minimum prices in the rented housing market.We should expect higher rents,more supply of housing,and a closing of the gap between demand for rented housing and supply of rented accommodation.Changes 2 and 3 should therefore occur.The reverse of Change 1 should happen,and homelessness should decrease.Given widespread homelessness,it is unlikely that the easing of rent controls will have any effect on demand for owner-occupied dwellings.
第二题:D
Rationale:All of the above.