What is a shortcoming of price control legislation?
a. Price controls create surpluses.
b. Price controls lower the quantity demanded.
c. Price controls create shortages.
d. All of the above are shortcomings of price controls.
.C
Economics
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Which policy tool allows the Federal Reserve the greatest control over monetary policy?
A) the reserve requirement B) open market operations C) lender of last resort D) the discount rate
Economics
What adjusts to restore general equilibrium after a shock to the economy?
A) The LM curve B) The IS curve C) The FE line D) The labor supply curve
Economics