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Author Question: Either a price floor or a price ceiling above the equilibrium price would cause a surplus. a. True ... (Read 167 times)

jrubin

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on: Jun 30, 2018
Either a price floor or a price ceiling above the equilibrium price would cause a surplus.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Contractionary fiscal policy consists of:
 a. increased government purchases and increased taxes.
  b. decreased government purchases and decreased taxes.
  c. decreased government purchases and increased taxes.
  d. increased government purchases and decreased taxes.


TDubDCFL

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

False

Answer to Question 2

c


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jrubin

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Reply #2 on: Jun 30, 2018
Thank you :)


TDubDCFL

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Reply #3 on: Jun 30, 2018
Happy to help you


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