Either a price floor or a price ceiling will result in a smaller ...

[Marty]

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

[zhanghao]

Answer to Question 1

True

Answer to Question 2

True

[Marty]

Excellent

[mjenn52]

Thanks for the timely response, appreciate it