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NEW QUESTION: 1
A city ordinance that freezes rent prices may cause:
A. The quantity demanded of rental space exceeds the quantity supplied.
B. The quantity supplied of rental space exceeds the quantity demanded.
C. The demand curve for rental space to fall.
D. The supply curve for rental space to rise.
Answer: A
Explanation:
Choice "c" is correct. A city ordinance that freezes rent prices (such as rent control and rent stabilization in
New York City) may cause the quantity demanded for rental space to exceed the quantity supplied. This
occurs if the rent controlled price is set below the market clearing price. At the controlled price, the
quantity supplied will be constrained due to the low rent prices for the rent-controlled and rent-stabilized
properties; builders will not want to build and rent properties for less than they are worth on the open
market. The quantity demanded for the rental space will still be artificially high due to the city ordinance,
which sets the controlled price below the market price. Thus, the quantity demanded will exceed the
quantity supplied. New York City rent control is a perfect example of the effect of a price ceiling and the
problems that it can cause. Choice "a" is incorrect. A city ordinance that freezes rent prices will not cause
the demand curve for rental space to fall. Price changes cause movements along the demand curve, not
shifts in the demand curve. Choice "b" is incorrect. A city ordinance that freezes rent prices will not cause
the supply curve for rental space to rise. Price changes cause movements along the supply curve, not
shifts in the supply curve. Choice "d" is incorrect. A city ordinance that freezes rent prices will not cause
the quantity supplied to exceed the quantity demanded. This choice is backwards.

NEW QUESTION: 2
What two other architectures is the Cisco borderless network architecture linked to? (Choose two)
A. Cisco TrustSec Architecture
B. Cisco Collaboration Architecture
C. Cisco Security Architecture
D. Cisco Media-Net Architecture
Answer: B,C

NEW QUESTION: 3
An organization has multiple legal entities that need to be registered with more than one jurisdiction. Also, legal authority information needs to be printed on statutory reports.
As an Oracle Global Human Resources Cloud implementation consultant, which three options must you be aware of while defining legal jurisdiction and authorities for this organization? (Choose three.)
A. Legal authorities are mandatory in Oracle Global Human Resources Cloud.
B. Income tax jurisdiction needs to be created to report income tax to the legal authority.
C. When a legal entity is created, one legal reporting unit is automatically created for that legal entity with a registration.
D. Legal authorities are defined in Enterprise Structure Configurator.
E. Because there are multiple registrations, at least one jurisdiction must be defined as the identifying jurisdiction.
Answer: B,D,E
Explanation:
Explanation/Reference:
References:
https://docs.oracle.com/cd/E37017_01/doc.1115/e22899/F390685AN10DB8.htm

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