Author Question: Either a price floor or a price ceiling will result in a smaller quantity exchanged than if the ... (Read 65 times)

Marty · **on:** Jun 30, 2018

Either a price floor or a price ceiling will result in a smaller quantity exchanged than if the price was at its equilibrium level.
a. True
b. False
Indicate whether the statement is true or false

Question 2

An investment tax credit, which would lower taxes for firms that invested in new capital equipment, would shift the long-run aggregate supply curve to the right over time.
a. True
b. False
Indicate whether the statement is true or false