Author Question: To be binding, a price floor must be set below the equilibrium price. a. True b. False Indicate ... (Read 166 times)

mikaylakyoung · **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