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Author Question: A price ceiling set above the equilibrium price will cause which of the following? A) an increase ... (Read 47 times)

joblessjake

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on: Jun 29, 2018
A price ceiling set above the equilibrium price will cause which of the following?
 
  A) an increase in supply
  B) a surplus
  C) a shortage
  D) no effect on either the price or quantity

Question 2

There is a(n) ________ relationship between a nation's rate of growth in real GDP per capita and bureaucratic inefficiency.
 
  A) direct
  B) inverse
  C) proportional
  D) undefined


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mmj22343

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


joblessjake

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

abro1885

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Reply 3 on: Yesterday
Excellent

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