« previous next »

Author Question: A price floor set above the equilibrium price is binding. a. True b. False Indicate whether the ... (Read 72 times)

wenmo

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
A price floor set above the equilibrium price is binding.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

To achieve a 500 billion increase in AD, if the MPC is 0.8, what increase in government purchases would be called for?
 a. 625 billion
  b. 500 billion
  c. 400 billion
  d. 100 billion


vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Three toddlers sit on the floor playing with a toy. Three toddlers sit on the floor playing with a toy.
Cooperative vs. noncooperative O2-binding curves Cooperative vs. noncooperative O2-binding curves
Binding of a chylomicron to lipoprotein lipase on the inner surface of a capillary Binding of a chylomicron to lipoprotein lipase on the inner surface of a capillary
Binding of the estrogen receptor to DNA, as inferred from solution NMR spectroscopy Binding of the estrogen receptor to DNA, as inferred from solution NMR spectroscopy
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ... Suppose the market supply curve is p = 5Q. If price increases from 10 to 15, the change in ...
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library