A minimum wage policy is an example of a ________

A) price ceiling
B) price floor
C) positive externality
D) negative externality

B

Economics

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If domestic savings was 2 billion last year and domestic investment was -12 billion, then the current account balance is

A) 10 billion. B) -10 billion. C) 14 billion. D) -24 billion.

Economics

Explain why X-inefficiency is likely to be more prevalent in an industry in which firms have market power

What will be an ideal response?

Economics