A political candidate promises voters more funding for AIDS research and child care and assures them they will not have to sacrifice any other goods or services to obtain the additional programs.
A. This may be possible if the economy has unemployed resources.
B. This is possible only in a fully employed economy.
C. This is possible if the economy is producing on its production possibilities curve.
D. None of the choices are possible.
A. This may be possible if the economy has unemployed resources.
Economics
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A rent control is an example of a ________
A) price floor B) price ceiling C) negative externality D) positive externality
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