Author Question: A shortage will result whenever: a. the government imposes a price floor below equilibrium price. ... (Read 189 times)

sheilaspns · **on:** Jun 30, 2018

A shortage will result whenever:
a. the government imposes a price floor below equilibrium price.
b. the government imposes a price ceiling above equilibrium price.
c. the government imposes a price floor above equilibrium price.
d. the government imposes a price ceiling below equilibrium price.

Question 2

In the open market economy, contractionary fiscal policy would ______the demand for money and interest rates would_______ and the dollar________ and net exports_______.
a. increase; rise; appreciates; decrease.
b. increase; fall; depreciates; decrease.
c. decrease; fall; depreciates; increase.
d. decrease; fall; appreciates; increase.