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Author Question: A price ceiling is binding when it is set a. above the equilibrium price, causing a shortage. b. ... (Read 153 times)

sjones

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on: Jun 30, 2018
A price ceiling is binding when it is set
 a. above the equilibrium price, causing a shortage.
  b. above the equilibrium price, causing a surplus.
  c. below the equilibrium price, causing a shortage.
  d. below the equilibrium price, causing a surplus.

Question 2

A depositor cannot directly write checks against:
 a. demand deposits.
 b. transaction deposits.
 c. nontransaction deposits.
 d. money market mutual fund accounts.


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kescobar@64

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


sjones

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

sultana.d

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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