« previous next »

Author Question: Suppose the Chinese government regulates the price of food and forbids firms from setting a higher ... (Read 40 times)

washai

  • Hero Member
  • *****
  • Posts: 523
on: Jun 29, 2018
Suppose the Chinese government regulates the price of food and forbids firms from setting a higher price. In this case the government is setting a
 
  A) price floor.
  B) price ceiling.
  C) quota.
  D) tax.

Question 2

A decrease in government expenditure on goods and services
 
  A) increases aggregate demand.
  B) increases the aggregate quantity demanded.
  C) decreases the aggregate quantity demanded.
  D) decreases aggregate demand.


succesfull

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Role of CD23 on epithelial cells in the pathogenesis of food allergic disease. Role of CD23 on epithelial cells in the pathogenesis of food allergic disease.
Health care setting. Health care setting.
Chinese Barber Performing a Form of Percussion on a Seated Patron in China in the 1790s. Chinese Barber Performing a Form of Percussion on a Seated Patron in China in the 1790s.
Go Green: Tips for Making More Sustainable Food Choices Go Green: Tips for Making More Sustainable Food Choices
Gui (grilled food) Bulgogi Gui (grilled food) Bulgogi
Chewing & Swallowing: Food Processing Begins Chewing & Swallowing: Food Processing Begins
Video: How to make cDNA Animation

For a complete list of videos, visit our video library