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Author Question: To be binding, a price floor must be set below the equilibrium price. a. True b. False Indicate ... (Read 160 times)

mikaylakyoung

  • Hero Member
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  • Posts: 531
on: Jun 30, 2018
To be binding, a price floor must be set below the equilibrium price.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The effect of a tax multiplier on aggregate demand is larger than that of the government spending multiplier.
 a. True
  b. False
  Indicate whether the statement is true or false


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tuwy

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

False

Answer to Question 2

False


mikaylakyoung

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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