A price ceiling on a good will usually
A. shift both the demand and supply curves to the left.
B. shift the demand curve to the left and the supply curve to the right.
C. shift neither the demand curve nor the supply curve.
D. shift both the demand and supply curves to the right.
Answer: C
Economics
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A. is positively related to the interest rate. B. shows the relationship between the quantity of money balances demanded and the interest rate. C. shows the relationship between money demanded and open market operations. D. varies inversely with the supply of money.
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