Author Question: If a price ceiling is not binding, then a. there will be a surplus in the market. b. there will be ... (Read 79 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
If a price ceiling is not binding, then
 a. there will be a surplus in the market.
 b. there will be a shortage in the market.
 c. the market will be less efficient than it would be without the price ceiling.
  d. there will be no effect on the market price or quantity sold.

Question 2

The predominant liability item for most banks is:
 a. deposits.
 b. bonds.
 c. loans.
 d. federal cash reserves.



batool

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

d

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

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

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Thyroid conditions may make getting pregnant impossible.

For a complete list of videos, visit our video library