Author Question: Either a price floor or a price ceiling above the equilibrium price would cause a surplus. a. True ... (Read 149 times)

jrubin · **on:** Jun 30, 2018

Either a price floor or a price ceiling above the equilibrium price would cause a surplus.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Contractionary fiscal policy consists of:
a. increased government purchases and increased taxes.
b. decreased government purchases and decreased taxes.
c. decreased government purchases and increased taxes.
d. increased government purchases and decreased taxes.

TDubDCFL · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

c

jrubin · **Reply #2 on:** Jun 30, 2018

Thank you

TDubDCFL · **Reply #3 on:** Jun 30, 2018

Happy to help you

Author Question: Either a price floor or a price ceiling above the equilibrium price would cause a surplus. a. True ... (Read 149 times)

jrubin

Either a price floor or a price ceiling above the equilibrium price would cause a surplus. a. True ...

TDubDCFL

Either a price floor or a price ceiling above the equilibrium price would cause a surplus. a. True ...

Related Topics

Need homework help now?

jrubin

Either a price floor or a price ceiling above the equilibrium price would cause a surplus. a. True ...

TDubDCFL

Either a price floor or a price ceiling above the equilibrium price would cause a surplus. a. True ...