« previous next »

Author Question: A binding price ceiling causes a shortage in the market. a. True b. False Indicate whether the ... (Read 82 times)

erika

  • Hero Member
  • *****
  • Posts: 522
on: Jun 30, 2018
A binding price ceiling causes a shortage in the market.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The federal government buys 10 million worth of aircraft engines from General Motors. If the MPC is .80 what will be the impact on aggregate demand, other things being equal?
 a. Aggregate demand will increase 8 million.
 b. Aggregate demand will increase 12.5 million.
  c. Aggregate demand will increase 18 million.
  d. Aggregate demand will increase 50 million.


chjcharjto14

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Norway lobsters on sale at a Spanish market Norway lobsters on sale at a Spanish market
The conserved DNA-binding domain in steroid receptors The conserved DNA-binding domain in steroid receptors
Bending of DNA by binding to CRP–cAMP Bending of DNA by binding to CRP–cAMP
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
CAP–cAMP complex binding to the CAP binding region CAP–cAMP complex binding to the CAP binding region
Video: Type of Cell Junctions - Desmosome, Hemidesmosomes and Gap Junctions

For a complete list of videos, visit our video library