« previous next »

Author Question: To say that a price floor is binding is to say that the price floor a. results in a shortage. b. is ... (Read 110 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
on: Jun 30, 2018
To say that a price floor is binding is to say that the price floor
 a. results in a shortage.
 b. is set below the equilibrium price.
 c. causes quantity supplied to exceed quantity demanded.
  d. All of the above are correct.

Question 2

The process of money creation can be reversed:
 a. when a person pays a loan back to a bank.
 b. when the government passes a law against it.
 c. when customers begin to deposit money into banks.
  d. when loans are extended to customers.


akemokai

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

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.

Place the tennis balls in a sock on the floor behind you, then lie with the middle of your thoracic ... Place the tennis balls in a sock on the floor behind you, then lie with the middle of your thoracic ...
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
Effect of cooperative substrate binding on enzyme kinetics Effect of cooperative substrate binding on enzyme kinetics
F1 and F2 results of Mendel’s dihybrid crosses F1 and F2 results of Mendel’s dihybrid crosses
The chromosomal explanation of the results of the X-linked crosses The chromosomal explanation of the results of the X-linked crosses
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Hormonal regulation of pregnancy - weeks 17 through 38

For a complete list of videos, visit our video library