If the equilibrium price of aspirins is $2.50 and a price ceiling is imposed at $3.00, the eventual result after market adjustment will be a(n):

a. surplus. b. shortage.
c. accumulation of inventories. d. equilibrium.

d

Economics

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The term auction facility (TAF) program was instituted by the Federal Reserve to deal with the ________________________. This program gave banks ____________ options when it comes to borrowing from the Fed

A) financial crisis of 2007-2009; more B) Great Depression; more C) financial crisis of 2007-2009; fewer D) Great Depression; fewer

Economics

The inability of labor-force participants to find jobs is known as:

A. Full employment. B. Unemployment. C. Cyclical employment. D. Underemployment

Economics