« previous next »

Author Question: Suppose the Chinese government regulates the price of food and forbids firms from setting a higher ... (Read 45 times)

washai

  • Hero Member
  • *****
  • Posts: 523
on: Jun 29, 2018
Suppose the Chinese government regulates the price of food and forbids firms from setting a higher price. In this case the government is setting a
 
  A) price floor.
  B) price ceiling.
  C) quota.
  D) tax.

Question 2

A decrease in government expenditure on goods and services
 
  A) increases aggregate demand.
  B) increases the aggregate quantity demanded.
  C) decreases the aggregate quantity demanded.
  D) decreases aggregate demand.


succesfull

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

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?

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?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

A marine food web in action: feeding baleen whales and birds. A marine food web in action: feeding baleen whales and birds.
Fast food effects on body Fast food effects on body
Clinically Significant Drug-Food Interactions in Dentistry Clinically Significant Drug-Food Interactions in Dentistry
Food Assistance Programs in the United States Food Assistance Programs in the United States
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ... Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
Food Labels Now Show Trans Fats Food Labels Now Show Trans Fats
Video: Introduction to Eating Disorders

For a complete list of videos, visit our video library