Author Question: If a price floor is not binding, then a. there will be a surplus in the market. b. there will be a ... (Read 34 times)

RRMR

  • Hero Member
  • *****
  • Posts: 557
If a price floor is not binding, then
 a. there will be a surplus in the market.
 b. there will be a shortage in the market.
 c. there will be no effect on the market price or quantity sold.
 d. the market will be less efficient than it would be without the price floor.

Question 2

Which of the following observations concerning money market mutual funds is not true?
 a. They are interest-earning accounts provided by brokers.
 b. They are considered to be near money.
 c. Depositors are allowed to write checks against their accounts.
  d. These funds are invested in long-term securities.



xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

c

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

For a complete list of videos, visit our video library