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Author Question: A price ceiling set below the equilibrium price causes a shortage in the market. a. True b. False ... (Read 72 times)

penza

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on: Jun 30, 2018
A price ceiling set below the equilibrium price causes a shortage in the market.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Among the following MPC values, which one would have the highest multiplier effect?
 a. 1/3
  b. 2/3
  c. 3/4
  d. 2/5


softEldritch

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

True

Answer to Question 2

c


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