This topic contains a solution. Click here to go to the answer

Author Question: If the government removes a binding price floor from a market, then the price paid by buyers will ... (Read 590 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
If the government removes a binding price floor from a market, then the price paid by buyers will
 a. increase, and the quantity exchanged will increase.
  b. increase, and the quantity exchanged will decrease.
  c. decrease, and the quantity exchanged will increase.
  d. decrease, and the quantity exchanged will decrease.

Question 2

With the invention of banking, one important aspect of money was that:
 a. individuals have no discretion over the money supply.
  b. government lost all control over the money supply.
  c. banks have some discretion over the money supply.
  d. banks have full control over the money supply.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yotaSR5

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

c

Answer to Question 2

c




imanialler

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
:D TYSM


strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

For a complete list of videos, visit our video library