Price ceilings cause a. Some suppliers to drop out of the market ...

[Jramos095]

Price ceilings cause
 a. Some suppliers to drop out of the market as they cannot charge the price they were earlier charging
  b. A reduction in the quality of the product
  c. The creation of black markets
  d. All the above

Question 2

When interest rates fall, people are
 a. More likely to borrow
 b. Less likely to borrow
 c. Not likely to change borrowing patterns
  d. None of the above

[jomama]

Answer to Question 1

d

Answer to Question 2

a