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Author Question: Which would be an example of a price ceiling? A) rent controls. B) a legally-specified maximum ... (Read 37 times)

Mr. Wonderful

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on: Jun 29, 2018
Which would be an example of a price ceiling?
 
  A) rent controls.
  B) a legally-specified maximum interest rate on student loans.
  C) government-mandated lower prices and fees charged by physicians.
  D) all of the above.
  E) none of the above.

Question 2

In the figure above, moving from production at point d to production at point a requires
 
  A) technological change.
  B) a decrease in unemployment.
  C) decreasing the output of consumer goods in order to boost the output of capital goods.
  D) both capital accumulation and a decrease in unemployment.


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ririgirl15

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Mr. Wonderful

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Reply #2 on: Jun 29, 2018
Thank you :)


ririgirl15

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Reply #3 on: Jun 29, 2018
Happy to help you


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