« previous next »

Author Question: Suppose the Chinese government regulates the price of food and forbids firms from setting a higher ... (Read 82 times)

washai

  • Hero Member
  • *****
  • Posts: 523
on: Jun 29, 2018
Suppose the Chinese government regulates the price of food and forbids firms from setting a higher price. In this case the government is setting a
 
  A) price floor.
  B) price ceiling.
  C) quota.
  D) tax.

Question 2

A decrease in government expenditure on goods and services
 
  A) increases aggregate demand.
  B) increases the aggregate quantity demanded.
  C) decreases the aggregate quantity demanded.
  D) decreases aggregate demand.


succesfull

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Sustainable Food Security Sustainable Food Security
Cultural food preferences often influence food choices. Cultural food preferences often influence food choices.
Go Green: Tips for Making More Sustainable Food Choices Go Green: Tips for Making More Sustainable Food Choices
Classical Conditioning and Food Classical Conditioning and Food
Suicide rates in Canada are more than three times higher for males than for females Suicide rates in Canada are more than three times higher for males than for females
Video: Baroreceptor Reflex

For a complete list of videos, visit our video library