Suppose the government sets a price floor that is above the equilibrium price for a given good. It can be said that at the price floor,
A) although sellers are selling all of the product that they desire at this price, the consumers are not able to buy all that they desire.
B) although consumers are purchasing all of the product that they desire at this price, the sellers are not selling all that they desire.
C) both sellers and buyers are satisfied with the quantity that is being exchanged.
D) both sellers and buyers are exchanging the equilibrium quantity of this good.
E) b and d
B
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Which of the following type of funds cater to wealthy individuals, are not bound by government regulations, and are actively traded in foreign exchange markets?
A) pension funds B) mutual funds C) hedge funds D) exchange funds
An increase in the nominal interest rate, other things constant, will: a. shift the money demand curve to the right
b. shift the money demand curve to the left. c. increase the quantity of money people choose to hold. d. decrease the quantity of money people choose to hold. e. have no impact on the money demand curve.