Author Question: Government expenditures on housing subsidies at all levels total more than 45 billion a year. a. ... (Read 24 times)

bclement10 · **on:** Jul 1, 2018

Government expenditures on housing subsidies at all levels total more than 45 billion a year.

a. True b. False

Question 2

If government imposes a price ceiling on a good that is below the market equilibrium price

A) a surplus will develop.
B) a shortage will develop.
C) producers will reduce their sales price.
D) consumers will reduce their demand for the good.