This topic contains a solution. Click here to go to the answer

Author Question: A shortage will result whenever: a. the government imposes a price floor below equilibrium price. ... (Read 141 times)

sheilaspns

  • Hero Member
  • *****
  • Posts: 567
A shortage will result whenever:
 a. the government imposes a price floor below equilibrium price.
  b. the government imposes a price ceiling above equilibrium price.
  c. the government imposes a price floor above equilibrium price.
  d. the government imposes a price ceiling below equilibrium price.

Question 2

In the open market economy, contractionary fiscal policy would ______the demand for money and interest rates would_______ and the dollar________ and net exports_______.
 a. increase; rise; appreciates; decrease.
  b. increase; fall; depreciates; decrease.
  c. decrease; fall; depreciates; increase.
  d. decrease; fall; appreciates; increase.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lou

  • Sr. Member
  • ****
  • Posts: 286
Answer to Question 1

d

Answer to Question 2

c




sheilaspns

  • Member
  • Posts: 567
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


sultansheikh

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

For a complete list of videos, visit our video library