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Author Question: If a price ceiling is not binding, then a. there will be a surplus in the market. b. there will be ... (Read 76 times)

xroflmao

  • Hero Member
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  • Posts: 515
on: Jun 30, 2018
If a price ceiling is not binding, then
 a. there will be a surplus in the market.
 b. there will be a shortage in the market.
 c. the market will be less efficient than it would be without the price ceiling.
  d. there will be no effect on the market price or quantity sold.

Question 2

The predominant liability item for most banks is:
 a. deposits.
 b. bonds.
 c. loans.
 d. federal cash reserves.


batool

  • Sr. Member
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  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


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