Author Question: In the United States, the idea that the federal government should undertake actions to stabilize ... (Read 130 times)

LCritchfi · **on:** Jun 29, 2018

In the United States, the idea that the federal government should undertake actions to stabilize business activity

A) was established in the Declaration of Independence.
B) is a relatively new idea that developed in the years during and after the Great Depression.
C) has been around since the early 1700s.
D) developed during World War I.

Question 2

In order to be effective, a price floor

A) must be set below equilibrium price.
B) must be set above equilibrium price.
C) must be set at equilibrium price.
D) must be a zero price.