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Author Question: Either a price floor or a price ceiling will result in a smaller quantity exchanged than if the ... (Read 24 times)

Marty

  • Hero Member
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  • Posts: 553
on: Jun 30, 2018
Either a price floor or a price ceiling will result in a smaller quantity exchanged than if the price was at its equilibrium level.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An investment tax credit, which would lower taxes for firms that invested in new capital equipment, would shift the long-run aggregate supply curve to the right over time.
 a. True
  b. False
  Indicate whether the statement is true or false


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zhanghao

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

True

Answer to Question 2

True


Marty

  • Member
  • Posts: 553
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Great answer, keep it coming :)

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