To be binding, a price floor must be set below the equilibrium ...

[mikaylakyoung]

To be binding, a price floor must be set below the equilibrium price.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The effect of a tax multiplier on aggregate demand is larger than that of the government spending multiplier.
 a. True
  b. False
  Indicate whether the statement is true or false

[tuwy]

Answer to Question 1

False

Answer to Question 2

False

[mikaylakyoung]

Thanks for the timely response, appreciate it

[xiaomengxian]

TYSM