If there is a ceiling price below the equilibrium level, a ...

[123654777]

If there is a ceiling price below the equilibrium level, a decrease in demand will worsen the shortage.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Proponents of a balanced budget amendment argue that the private advantages that each of us realizes from spending on our government programs are paid for almost entirely by other taxpayers.
 a. True
  b. False
  Indicate whether the statement is true or false

[Kingjoffery]

Answer to Question 1

False

Answer to Question 2

True