The minimum price for a good set by the government above the equilibrium price is called a:

A. price ceiling.
B. price floor.
C. parity price ratio.
D. market-generated price.

Answer: B

Economics

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An expansionary fiscal policy will result in higher interest rates and will reduce private investment.

a. true b. false

Economics

Which of the following statements is false?

A) The exchange rate is the price of one (country's) currency in terms of another (country's) currency. B) A currency has appreciated in value if more of a foreign currency is needed to buy it. C) A change in the money supply can change aggregate demand. D) A change in business taxes can change investment, which can change aggregate demand. E) none of the above

Economics