« previous next »

Author Question: Suppose the Chinese government regulates the price of food and forbids firms from setting a higher ... (Read 81 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?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major
General differences in food webs and carbon flow among terrestrial and aquatic ecosystems (adapted f General differences in food webs and carbon flow among terrestrial and aquatic ecosystems (adapted f
How Much Food Does the World Produce Per Person? How Much Food Does the World Produce Per Person?
Basic Food Groups and Their Major Nutrients Basic Food Groups and Their Major Nutrients
Government Corruption versus GDP per Capita, 2009 Government Corruption versus GDP per Capita, 2009
Butter chicken Indian food cuisine Butter chicken Indian food cuisine
Video: Reflex arc construction

For a complete list of videos, visit our video library