A minimum price, set by the government, that sellers may charge for a good is known as

A. a price rationing mechanism.
B. a subsidy.
C. a price ceiling.
D. a price floor.

Answer: D

Economics

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In late 2007, the Fed began a series of cuts in the federal funds rate. Because the core inflation rate was about two percent, the most likely reason for these interest rate cuts was

A) to increase the real interest rate. B) to avoid a recession. C) to encourage households to save more money. D) to reduce the natural unemployment rate. E) to raise the price of the dollar in the foreign exchange market.

Economics

The "Walker thesis," that falling birth rates among native-born Americans was due to immigration, is reinforced by the view that immigrants were a direct capital transfer from Europe to America

Indicate whether the statement is true or false

Economics