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Author Question: A shortage will result whenever: a. the government imposes a price floor below equilibrium price. ... (Read 180 times)

sheilaspns

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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.



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lou

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Answer to Question 1

d

Answer to Question 2

c




sheilaspns

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


nathang24

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

 

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