« previous next »

Author Question: Which of the following is NOT a predictable result of a price ceiling set below the market clearing ... (Read 14 times)

clmills979

  • Hero Member
  • *****
  • Posts: 551
on: Jun 29, 2018
Which of the following is NOT a predictable result of a price ceiling set below the market clearing price?
 
  A) an illegal market in the good
  B) excess quantity supplied
  C) excess quantity demanded
  D) lines to purchase the product

Question 2

If a country has a 4 percent annual growth in real GDP and a one percent growth in population, its per capita growth of real GDP is
 
  A) five percent.
  B) four percent.
  C) three percent.
  D) 1/4 = 0.25 percent.


Jsherida

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast As a result of sharing its environment with humans, this macaque had the opportunity to steal an ast
Comparison of the level of skin damage as a result of the three different degrees of burns. Comparison of the level of skin damage as a result of the three different degrees of burns.
Glaucoma. (a) A buildup of pressure within the eye cavities, often caused by a blockage of vessels t Glaucoma. (a) A buildup of pressure within the eye cavities, often caused by a blockage of vessels t
The same star field photographed with (a) a ground-based telescope, which is subject to poor seeing The same star field photographed with (a) a ground-based telescope, which is subject to poor seeing
Ceiling effect of aspirin. A plateau is reached where increasing the dose of aspirin will not create ... Ceiling effect of aspirin. A plateau is reached where increasing the dose of aspirin will not create ...
Inflamed skin (dermatitis) can result from pellagra Inflamed skin (dermatitis) can result from pellagra
Video: TRH/TSH/Thyroid hormone

For a complete list of videos, visit our video library