If a price ceiling is set below the equilibrium market price, a shortage will occur

Indicate whether the statement is true or false

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Economics

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When drawn against the real interest rate, the optimal investment schedule shifts to the right if

A) current total factor productivity z increases. B) current total factor productivity z decreases. C) future total factor productivity z' increases. D) future total factor productivity z' decreases.

Economics

Suppose that a bond having no expiration date has a face value of $5000 and pays a fixed amount of interest of $500 annually. Compute and enter in the spaces provided the effective interest rate (to one decimal place) that a bond buyer could receive at the new bond price.

Economics