This topic contains a solution. Click here to go to the answer

Author Question: If the government removes a binding price floor from a market, then the price paid by buyers will ... (Read 601 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
If the government removes a binding price floor from a market, then the price paid by buyers will
 a. increase, and the quantity exchanged will increase.
  b. increase, and the quantity exchanged will decrease.
  c. decrease, and the quantity exchanged will increase.
  d. decrease, and the quantity exchanged will decrease.

Question 2

With the invention of banking, one important aspect of money was that:
 a. individuals have no discretion over the money supply.
  b. government lost all control over the money supply.
  c. banks have some discretion over the money supply.
  d. banks have full control over the money supply.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yotaSR5

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

c

Answer to Question 2

c




imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


cdmart10

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

For a complete list of videos, visit our video library