A shortage will result whenever: a. the government imposes a ...

[sheilaspns]

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.

[lou]

Answer to Question 1

d

Answer to Question 2

c

[sheilaspns]

Thanks for the timely response, appreciate it

[amandalm]

Great answer, keep it coming