« previous next »

Author Question: A price ceiling set below the equilibrium price is nonbinding. a. True b. False Indicate whether ... (Read 84 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
A price ceiling set below the equilibrium price is nonbinding.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the marginal propensity to consume is 4/5, the multiplier is:
 a. 20.
 b. 5.
 c. 1.
 d. 1/5.


jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

The Sun in false-color ultraviolet image The Sun in false-color ultraviolet image
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Midsagittal section indicating locations of true and false pelves Midsagittal section indicating locations of true and false pelves
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Hardy–Weinberg Equilibrium Genotype Frequencies for Three Alleles of a Gene Hardy–Weinberg Equilibrium Genotype Frequencies for Three Alleles of a Gene
Video: Embryonic development - week 1 and 2

For a complete list of videos, visit our video library